Friday, May 30, 2025

Latest

Voyager Digital Records Over 130,000 New Funded Accounts In April

Voyager Digital Ltd. (CSE: VYGR) reported today in its April 2021 update that it added over 130,000 new funded accounts to its platform for the month. The company also indicated that the value for its assets under management now exceeds US$3.3 billion.

The company said that this volume of new user onboarding is “at a record rate” which it attributes to the increased trading volume in the alternative coins. According to its CEO Steve Ehrlich, Voyager Digital “plans on adding additional coins over the next 60 days as the increased alternative coin volume has driven an increase of over 45% in average basis points earned per trade.”

In its March 2021 update, the company reported its assets under management exceeded US$2.4 billion, net deposits at $650.0 million, 95,000 new funded accounts, and 395,000 new verified users. While full figures were not provided for the April update, it indicates that assets under management increased by roughly 37.5% over the course of the month.

At the end of March 2021, Voyager Digital said that there are 1 million total verified users on the platform. The company targets to accommodate 10 million users in 2021.

Voyager Digital Ltd. last traded at $27.67 on the CSE.


Information for this briefing was found via Sedar and the companies mentioned. 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.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Kentucky, The Last Remaining State To Hold Out Against Voyager’s Earn Program

The bluegrass state is still not greener for Voyager Digital Ltd. (TSX: VOYG) as Kentucky...

Friday, June 10, 2022, 10:19:00 AM

Binance, Other Crypto Firms Prepare To Bid For Voyager After FTX Collapse

Binance, as well as other crypto firms are gearing up to restart the bidding process...

Monday, November 28, 2022, 11:23:00 AM

Voyager Digital Sees CFO Quit Amid Restructuring Process

With Voyager Digital currently in the process of Chapter 11 filings, it now appears to...

Monday, September 26, 2022, 09:38:49 AM

Binance Bitcoin Balance Takes A Hit After Judge Stops Voyager Deal

Over 4,761 Bitcoins have been withdrawn from the Binance crypto exchange in the last 24...

Tuesday, March 28, 2023, 12:08:00 PM

Voyager Digital Enters MOU With Lottery.com

Voyager Digital (CSE: VYGR) this morning announced that it has entered a memorandum of understanding...

Tuesday, April 20, 2021, 08:55:43 AM