Voyager Digital Appoints Chief Technology Officer

Rhea-AI Summary

Voyager Digital Ltd. has appointed Rakesh Gidwani as its new Chief Technology Officer to lead platform and system expansion. Rakesh, previously from Two Sigma Investments, brings extensive experience in engineering and technology management, having worked with high-growth startups and major firms like Goldman Sachs. His role is crucial as Voyager aims for international expansion and plans to increase its customer base to over 10 million. This leadership change aligns with Voyager's recent growth of 800% in the past year, now employing over 225 full-time staff.

Positive

• Appointment of Rakesh Gidwani as CTO to enhance engineering leadership.
• Rakesh's extensive background in leading technology initiatives at Two Sigma and other major firms.
• Strategic focus on international expansion and adding new financial products.

Negative

• None.

TSX: VOYG
OTCQX: VYGVF
Borse Frankfurt: UCD2

Company's new CTO, Rakesh Gidwani, to lead platform and system expansion

NEW YORK, Sept. 29, 2021 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the appointment of Rakesh Gidwani as the Company's Chief Technology Officer.

Rakesh joins Voyager from Two Sigma Investments, a technology and data-driven financial services company applying artificial intelligence, machine learning, and distributed computing to investing. At Two Sigma, Rakesh served as Senior Vice President of Engineering, leading the engineering strategy, planning, and technical program management for Two Sigma Investment Management. Rakesh has experience building and scaling high-calibre teams in hyper-growth environments. Over his career, he successfully led engineering teams to deliver eCommerce solutions, high-performance trading systems, financial compliance and risk management systems, and customer-facing websites.

Rakesh will lead the evolution of Voyager's platform and systems as the Company continues its plans for international expansion and growing to 10+ million customers. He will work closely with Voyager's CEO Steve Ehrlich, as well as Dan Costantino, Voyager's Chief Information Security Officer, and Oscar Salazar, Co-founder and advisor to Voyager who served as Uber's founding Architect and CTO.

"Rakesh is a highly-accomplished engineering leader that we're excited to have on the Voyager team," said Steve Ehrlich, Co-founder and CEO of Voyager. "He has a track record from both innovative tech startups and large, established companies, having held senior engineering positions at Goldman Sachs, Morgan Stanley, and Walmart. We welcome Rakesh to our growing team as we position Voyager to expand internationally and add new features to our platform, including traditional financial products and equities."

Rakesh's hire is a continuation of Voyager's accelerated growth as the Company scaled 800% in the past year to currently over 225 full-time employees and executives.

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 60 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

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SOURCE Voyager Digital (Canada) Ltd.

FAQ

What is the significance of Rakesh Gidwani's appointment as CTO for Voyager Digital?

Rakesh Gidwani's appointment is significant as he brings a wealth of experience in technology management from his previous role at Two Sigma, which will aid Voyager's international expansion and platform enhancements.

How does Rakesh Gidwani's background benefit Voyager Digital?

Rakesh's extensive engineering leadership experience at Two Sigma, Goldman Sachs, and other firms positions him well to drive innovation and scaling at Voyager, enhancing the company's technological capabilities.

What are Voyager's plans following the appointment of Rakesh Gidwani?

Following Rakesh Gidwani's appointment, Voyager plans to expand internationally and grow its customer base to over 10 million, while also adding new features to its platform.

What was Voyager's growth percentage over the last year?

Voyager experienced an impressive growth of 800% over the last year, reflecting its rapid expansion and success in the cryptocurrency market.