Voyager Digital (VYGVF), a publicly traded cryptocurrency broker, has raised $75 million from Alameda Research to focus on broader crypto initiatives. Steve Ehrlich, CEO and Co-founder of Voyager, says the company is excited about potential "future synergistic opportunities in the continuously evolving crypto industry."
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"These opportunities include NFTs and crypto derivatives through Alameda as well as the creation of thought leadership as we work with lawmakers on shaping regulation," Ehrlich added.
Shares of Voyager Digital soared over 40% after the news rising up to $14.6. The company's market capitalization reached $2.3 billion. The investment follow Voyager's recent acquisition of Coinify ApS, a crypto trading and payment firm, for approximately $84 million in stock and cash. The company said the deal accelerates its "international expansion and capabilities."
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