STOCK TITAN

Voyager Digital Surpasses One Million Funded Accounts

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On November 10, 2021, Voyager Digital Ltd. (OTCQX: VYGVF) announced achieving over one million funded accounts, a significant increase from 43,000 on December 31, 2020. This marks a 23-fold growth and 135,000 more funded accounts since September 30, 2021. The company also reported surpassing 2.7 million verified users, highlighting the effectiveness of its marketing strategies, including partnerships with athletes and organizations like the Dallas Mavericks. CEO Steve Ehrlich emphasized the importance of community and loyalty programs for continued growth in the competitive crypto market.

Positive
  • Achieved over one million funded accounts, up from 43,000 as of December 31, 2020.
  • Increased funded accounts by 135,000 since September 30, 2021.
  • Surpassed 2.7 million verified users.
  • Significant marketing partnerships established, including with professional athletes and the Dallas Mavericks.
Negative
  • None.

Funded accounts grew 23x since December 31, 2020 as marketing initiatives take hold

TSX: VOYG
OTCQX: VYGVF
Borse Frankfurt: UCD2

NEW YORK, Nov. 10, 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 it surpassed one million funded accounts on its platform, an increase of 23 times from December 31, 2020 when it had 43,000 funded accounts, and an increase of 135,000 funded accounts from September 30, 2021. The Company also announced it surpassed 2.7 million verified users.

"Reaching one million funded accounts is an incredible milestone for Voyager," said Steve Ehrlich, CEO and co-founder of Voyager. "Our strategy of focusing on our loyalty program and on customer acquisition in the September quarter paid off extremely well for us as we continue to gain market share reflected by our increased App Store rankings."

In a little over ten months, Voyager entered into significant marketing partnerships, including partnering with professional athletes Landon Cassill and Rob Gronkowski, and a five-year integrated partnership with the Dallas Mavericks. In addition, Voyager recently partnered with Fundstrat and its renowned and award-winning co-founder and industry expert Tom Lee, and Market Rebellion led by Jon and Pete Najarian.

"Our focus on the Voyager community and building a robust loyalty program benefiting consumers separates Voyager from the competition," said Mr. Ehrlich. "As crypto continues to gain mainstream traction, we'll keep enhancing the Voyager app with valuable wealth-building tools to truly make crypto accessible for all."

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/voyager-digital-surpasses-one-million-funded-accounts-301420841.html

SOURCE Voyager Digital (Canada) Ltd.

FAQ

What milestone did Voyager Digital achieve on November 10, 2021?

Voyager Digital announced it surpassed one million funded accounts.

How much has Voyager Digital's funded accounts grown since December 31, 2020?

Funded accounts grew 23 times from 43,000 to over one million since December 31, 2020.

What is the current number of verified users on Voyager Digital's platform?

Voyager Digital surpassed 2.7 million verified users.

What marketing strategies contributed to Voyager Digital's growth?

Voyager focused on partnerships with professional athletes and organizations, enhancing its loyalty program.

Which stock symbols represent Voyager Digital?

Voyager Digital is represented by TSX: VOYG and OTCQX: VYGVF.

VYGVF

OTC:VYGVF

VYGVF Rankings

VYGVF Latest News

VYGVF Stock Data

51.29M
62.86M
12.14%
6.82%
Software—Application
Technology
Link
United States
New York