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Voyager Digital Acquires Leading Crypto-Payment Platform Coinify

Voyager Digital Acquires Leading Crypto-Payment Platform Coinify


 Today, Voyager Digital Ltd., the publicly traded cryptocurrency platform in the United States, has announced the acquisition of Denmark-based crypto payment platform Coinify in an $85 Million agreement. As part of the deal, Coinify shareholders will be provided 5,100,000 newly allocated shares of Voyager common stock and $15 million in cash.

Today Marks A Huge Milestone For Voyager

The $1.9 Billion valued trading platform Voyager Digital Ltd. (CSE: VYGR), (OTCQX: VYGVF) has made a big push into the crypto space today by acquiring Coinify in an $85 Million integration deal. The acquisition is anticipated to bolster Voyager’s global expansion and fast-track its growth in the business-to-business payment space. Furthermore, the integration deal will enable Voyager’s consumers to make payments instantly from their digital asset accounts. However, this would happen in late 2022’s according to the company.

Notably, Coinify’s crypto payment services permit consumers to accept digital assets payments. Furthermore, the platform supports over 20 fiat currencies and is currently available across North America, South America, Europe and  Asia. 

CEO and Co-Founder Stephen Ehrlich unveils Voyager’s ‘Future Plans’ 

As Coinify joins forces with Voyager, Ehrlich noted the company’s vision of expansion across the financial industry. He also believes that being a public business with public equity and $200 million cash on its balance sheet, Voyager has got an upper hand in the marketplace for potential growth-oriented integrations in future.

 

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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