Seeking Alpha
2021-10-13 12:52:27

Voyager Digital secures final approval to commence Europe operations

Voyager Digital (OTCQX:VYGVF) announced that Voyager Digital, Ltd, its wholly owned subsidiary LGO Europe and its leadership have been declared "Fit and Proper" to operate under the LGO registration. Voyager is the first non-French, non-European firm to get this designation. "Leveraging the recent acquisition of Coinify, which has fully compliant KYC and AML solutions as well as fiat on-ramps in over 20 currencies, Voyager is positioned for an initial launch of our trading app in certain European countries late in the March 2022 quarter," CEO and Co-founder Steve Ehrlich commented. Voyager closed the merger of its European operations into LGO in December 2020; with this approval, the remaining conditions of the merger will be fulfilled wherein 1M shares of Voyager are issuable to the selling shareholders of LGO and are subject to release in equal tranches.

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