Voyager Digital Gives Replace on Asset and Threat Administration

Fenika Bench

NEW YORK, June 14, 2022 /PRNewswire/ – Voyager Digital Ltd. (“Voyager” or the “Firm”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of many fastest-growing client cryptocurrency platforms in the US, and one of many first public firms within the crypto trade, at this time gives an asset and danger administration replace in gentle of fixing market circumstances. As a public firm, Voyager operates with a persistently excessive degree of transparency, offering common quarterly monetary statements detailing the corporate’s monetary place and monetary assertion disclosure surrounding danger administration practices and counterparty publicity.

Voyager differentiates itself by way of a simple, low-risk method to lending and asset administration by working with a choose group of respected counterparties, that are all vetted by way of in depth due diligence by its Threat Committee. The corporate doesn’t take part in DeFi lending actions, algorithmic stablecoin staking and lending, or by-product property, resembling stETH. One in all Voyager’s vital goals is to make crypto as easy and secure as potential for client use. With that mission in thoughts, safeguarding buyer property is a prime precedence.

Though Voyager introduced a previous partnership with Celsius in 2019, because of the firm’s ongoing due diligence and danger administration course of, Voyager presently has no buyer property at Celsius.

“Voyager holds a robust place within the crypto trade. Not solely have been we among the many first to go public and supply full steadiness sheet transparency, our management additionally has deep monetary experience throughout the sector and has led firms by way of a number of market cycles,” mentioned Steve Ehrlich, Chief Govt Officer and co-founder of Voyager. “The corporate is effectively capitalized and in a great place to climate this market cycle and shield buyer property. It’s Voyager’s aim to proceed to construct safe services, in addition to construct belief and management within the cryptocurrency trade.”

About Voyager Digital Ltd.

Voyager Digital Ltd.’s (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) US subsidiary, Voyager Digital, LLC, is a fast-growing cryptocurrency platform in the US based in 2018 to deliver selection, transparency, and cost-efficiency to {the marketplace}. Voyager presents a safe option to commerce over 100 completely different crypto property utilizing its easy-to-use cell utility. By its subsidiary Coinify ApS, Voyager gives crypto fee options for each customers and retailers across the globe. To study extra concerning the firm, please go to https://www.investvoyager.com.

The TSX has not authorised or disapproved of the knowledge contained herein.

SOURCE Voyager Digital (Canada) Ltd.

https://www.prnewswire.com/news-releases/voyager-digital-provides-update-on-asset-and-risk-management-301567456.html

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