Voyager Digital Ltd. (CSE: VYGR) is partnering with Market Rebellion to operate a new entity focused on providing online brokerage services for equities, options, and futures. The platform is intended to use cryptocurrencies as the base currency in which investors can place money into equities.
Voyager is expected to bring into the new venture the ability to execute equity trades on behalf of its licensed brokerage, utilizing cryptocurrencies as the base currency in which the equities trades are conducted. On the other hand, Market Rebellion will introduce its large active trading community to the new entity.
The business will be funded equally by both parties, effectively making the two fintech firms co-founders. The arrangement is subject to approval by FINRA.
“This alliance with Voyager is doing just that – giving our members the ability to take advantage of the same cross-trading opportunities as Wall Street professionals,” said Market Rebellion Co-Founder Jon Najarian.
Voyager Digital Ltd. last traded at $27.02 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.