Voyager creates a European regulated agency broker by merger with LGO in France

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CSE: VYGR
OTCQB: VYGVF
Frankfurt stock exchanges: UCD2

– Voyager will take direct control of the French regulated entity, LGO SAS, thereby accelerating Voyager’s ability to provide its core services to European customers –

– Holders of VGX and LGO tokens to be exchanged for a newly created decentralized financial VGX token –

NEW YORK, October 22, 2020 / CNW / – Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a licensed and publicly traded crypto-asset broker that provides investors with a turnkey solution for trading assets crypto, announced today has merged its European operations into LGO, SAS, AMF regulated entity in France. Voyager will gain direct control of the regulated entity, which will allow the Company to accelerate its European strategy.

“Voyager’s partnership with LGO provides an exciting platform for Voyager to L’Europe , leveraging Voyager’s model to engage in fully compliant activities in well-regulated jurisdictions, ”said Steve Ehrlich, Co-founder and CEO of Voyager. “Voyager has been planning its European expansion for quite some time and when the opportunity to work with Hugo renaudin and his team showed up, we determined this was the right path to growing Voyager’s global footprint. “Mr. Ehrlich continued: “Working with a fully regulated entity has always been our preferred avenue. Regulations help provide customers with the comfort they need because they ensure the safety and security of their assets. ”

Voyager’s agency brokerage platform currently provides United States clients with an easy-to-use platform that provides clients with access to over 50 crypto assets plus interest on over 17 assets. Users can download the app from the Google or the App Store d’Apple, and can start investing in minutes.

As part of the merger, the next version of the Voyager token will be minted, which will allow holders of the VGX and LGO token holders to exchange for the new token. The ownership percentages of the holders will be proportional to the existing fully diluted market capitalizations of the tokens. The new token will include decentralized funding features such as community governance, as well as an advanced utility including staking with 7% initial interest, cash back on trading on the Voyager platform, card benefits debit, interest boosters, reduced withdrawal fees and more, all on a global basis. The token exchange is expected to take place before the end of 2020 and more details will be released in the near future.

“We are excited to create an improved token to bring greater utility to our loyal community. Historical VGX holders have benefited from our rewards programs and available interest boosters. Now, with the new coin, holders will benefit from additional functionality over time, ”said Mr. Ehrlich.

The transaction is subject to regulatory approval and traditional closing conditions which are expected to be finalized by the end of the year. At closing, Voyager will issue approximately 1mm of shares to LGO shareholders.

Most recently, Voyager announced the formation of its OTC office for institutional and corporate treasury affairs as well as his advisory relationship with the NBA Hall of Fame Tracy McGrady.

For more information on Voyager Digital, please visit https://www.investvoyager.com.

About Voyager Digital Ltd.

Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers its clients the best execution and secure custody on a wide selection of popular crypto assets. Voyager was founded by established entrepreneurs from Wall Street and Silicon Valley who have teamed up to provide a better, more transparent, and more profitable alternative for trading cryptoassets in the marketplace. Please visit us at https://www.investvoyager.com for more information and to view the latest company presentation.

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 approved or disapproved of the contents of this press release.

Caution regarding forward-looking information: The forward-looking statements contained in this document are made as of the date of this press release and, except as required by applicable securities laws, the Company assumes no obligation to update them. or revise them to reflect new events or circumstances. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

SOURCE Voyager Digital (Canada) Ltd.
For more information: Voyager Digital Ltd. Contacts: Media: Anthony Feldman / Raquel Cona, (347) 487-6194 / (212) 896-1204, [email protected] / [email protected]; Investor Relations: Michael Legg, (212) 547-8807, [email protected]; Phil Carlson / Scott Eckstein, (212) 896-1233 / (212) 896-1210, [email protected] / [email protected]

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