Canadian Crypto Asset Broker Acquires Circle's Investment App
Main page News, Fintech, US, Canada, Crypto Market, Cryptocurrency
Hot topic
Feb. 12, 2020

Canadian cryptocurrency asset broker Voyager Digital (Canada) Ltd. has acquired an investment app Circle Invest developed by Circle Internet Financial Ltd.

According to a press release, the acquisition adds more than 40,000 retail accounts to Voyager's customer network.

As a result of the transaction, Voyager has become one of the largest digital-asset-only agency brokers in the U.S., with over 200,000 users from all over the world.

Circle Sells its OTC Desk to Kraken

It is expected that the majority of Circle Invest clients will be converted to the Voyager Platform by the end of March of this year, the press release states.

Voyager Co-Founder & CEO Stephen Ehrlich claims the transaction helps the company to deliver on its promise to investors, providing regulated brokerage services and resources "to as many users as possible in the digital asset marketplace."

"Going forward, we remain committed to building best-in-class features for the Voyager Platform to empower investors and bring into the mainstream the most revolutionary asset class to date," Ehrlich added.

Earlier iHodl reported that JPMorgan Chase's blockchain-focused department Quorum is about to merge with crypto-startup ConsenSys within the next six months.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error