By acquiring the global virtual currency network Coinify, Voyager Digital Ltd. decided to go even further in cryptocurrencies.
According to today’s Forbes announcement, Voyager Digital has opted to buy the Danish crypto payment platform Coinify in response to the growing interest in digital currency payments.
Coinify has agreed to an $85 million deal with Voyager Digital, which provides services such as individual currency trading, corporate brokerage, payment processing services, and enterprise solutions via the Coinify API.
- “We think payments is the next frontier,” – Stephen Ehrlich, CEO and Co-founder of Voyager Digital.
Following this, Voyager’s future ambitions include a clear integration of its systems with the Coinify platform. The integration’s purpose is to enable clients to make cryptocurrency payments straight from their accounts, lowering transaction fees dramatically.
In terms of the specific deal, Coinify owners will receive 5,100,000 freshly issued Voyager common stock and $15 million in cash in this case.