Voyager Selects Celsius Network to Manage Certain Assets
NEW YORK--(BUSINESS WIRE)--Oct 10, 2019--
Voyager Digital, LLC, a subsidiary of publicly-traded Voyager Digital (Canada) Ltd (Ticker VYGR.CN), an industry-leading best execution crypto asset broker, today announced a partnership with Celsius Network, in which Celsius will manage a portion of Voyager’s digital assets.
Celsius Network’s mission of making financial services fair, rewarding, and transparent directly complements Voyager’s pledge to bring the future of financial products to customers. Celsius Network was founded in 2017 with the mission to harness blockchain technology to provide unprecedented financial freedom, economic opportunity, and income equality for the 99%. Its platform provides members with curated services unavailable through traditional institutions.
“We are excited to work with Celsius Network, the largest crypto lending platform, to enhance the Voyager value proposition,” said Stephen Ehrlich, co-founder and CEO. “Bringing Voyager customers more products to enable them to be successful in the ever-growing digital financial service market is core to the Voyager value proposition.”
“This has been a year of enormous growth for us,” said Alex Mashinsky, CEO of Celsius Network. “We have completed over $2.2 billion worth of coin loans, passed $350 million AUM in customer deposits, and distributed over $3.5 million in interest payments. We are thrilled to be aligned with Voyager and look forward to expanding the partnership.”
About Voyager Digital (Canada) Ltd.
Voyager Digital (Canada) Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.
About Celsius Network
Celsius Network addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the depositor community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Find out more at www.celsius.network.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191009005799/en/
CONTACT: Voyager Digital (Canada) Ltd.
Anthony Feldman / Tim Gray
(347) 487-6194 / (212) 896-1251
Phil Carlson / Scott Eckstein
(212) 896-1233 / (212) 896-1210
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY OTHER TECHNOLOGY FINANCE
SOURCE: Voyager Digital (Canada) Ltd.
Copyright Business Wire 2019.
PUB: 10/10/2019 02:00 AM/DISC: 10/10/2019 02:01 AM