Voyager Digital (CSE: VYGR) this morning announced that it has entered a memorandum of understanding to see its platform utilized to generate payment transactions on Lottery.com.
The news is significant for the crypto-asset brokerage, whom will now sees users able to use such assets for the purchasing of lottery tickets or games. Details however were rather slim, with both firms simply indicating that the MOU is for such transactions to potentially occur.
The company did not provide financial aspects of the MOU, or a timeline for further development of the partnership. Rather, the MOU simply states that “the parties will work together towards enabling Lottery.com users to generate payment transactions using the Voyager platform.”
The firms did indicate that there is potential for an expanded relationship that involves other products, but again details here were slim.
Voyager Digital last traded at $24.10 on the CSE.
Information for this briefing was found via Sedar and Voyager Digital. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.