Voyager Completes Its Acquisition of Circle Invest
New York-based crypto brokerage firm Voyager (CSE:VYGR) announced this week that it has completed its acquisition of Circle Invest, Circle’s retail-focused investing app business, for a 4% stake in the startup and cost reimbursements.
According to the announcement, Voyager has officially added Circle Invest’s users to the growing Voyager community of now over 200,000 users.
“On Friday, we successfully converted more than 40,000 Circle Invest accounts to Voyager, finalizing our product line acquisition and strategic partnership with Circle Internet Financial,” stated the Voyager team.
Voyager will also be adopting a number of Circle’s key features, including the ability to purchase cryptocurrency collections in a single transaction and the integration of Circle’s stablecoin platform.
“This product line acquisition signifies a tremendous development for Voyager as we welcome a substantial number of new users to our platform,” said Voyager co-founder and CEO Stephen Ehrlich in a previous announcement. “This transaction also helps us deliver on our promise to investors, providing regulated brokerage services and resources to as many users as possible in the digital asset marketplace.”
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Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.