Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Crypto Trading
  • Cryptocurrency
  • News

In a Recent Development Voyager Digital Acquired Coinify

Lucas Williams August 5, 2021 3 min read

“As the current developments encourage cryptocurrency payments adoptions, the acquirement of Coinify brings a global payment infrastructure to Voyager’s digital asset ecosystem.”

Voyager co-founder and CEO, Stephen Ehrlich announced that his company has acquired Coinify, a crypto payments company. Cryptocurrency trade exchange Voyager Digital has paid $85million in cash to acquire Coinify payment company. This has been the biggest venture in the history of Voyager. It is expected that this purchase will give Voyager an unparalleled boost.


trade now

Voyager on Monday announced that it would offer 5.1 million shares — valued at $70 million during public offerings. It will also provide $15 million in cash to Coinify investors.  The primary reason behind this purchase is to expand Voyager’s global digital capabilities. Ehrlich also said that the current venture would give Voyager a competitive edge over its competitors.

Voyager is a public listed company since 2019. Voyager is mainly operating in Canada. However, Coinify is available in whole Europe, Asia, North America, and South America. This strategic mover will integrate the capacities of both Voyager and Coinify. Voyagers will now have access to Canada, the USA, Europe, Asia, North America, and South America.

Voyager emerged on the Crypto platform in January and its digital token price surged significantly. The company announced multiple mergers and ventures. At the time of this writing, the Voyager token VQX is priced at $2.49. The price has risen 3% since the announcement of the Coinify acquisition. However, the importance of Coinify has mounted after this acquisition. Countries worldwide have adopted cryptocurrency payment. It has improved the significant Coinify.

“As the acceptance of digital currency payments earns pace, the purchase of Coinify digital payments brings a worldwide payments framework to Voyager’s digital resource environment,” said Voyager fellow benefactor and CEO Stephen Ehrlich. Voyager in the future will launch its crypto tokens in a region like Europe, North America, South America, and Asia.

Under this deal, Coinify provided Voyager with a route to enter the crypto payment industry. Voyager will also have $5.5 million of cash on Coinify’s balance sheet. However, Voyager has not shared information regarding Nasdaq listings. Voyager’s CEO said that the company is working on it. Soon it would be enlisted on the Nasdaq stock exchange as well. He also said that the current acquisition is a win-win situation for both companies.

Coinify has strengthened Voyager’s plans of global expansion. The current acquisition is a huge success for Voyager.  In the first quarter of 20201, Voyager’s customer strength grew by 1,400%. Now Coinify by their side, Voyager’s 1.8 million customers would be using the Coinify payment method to make payments from their accounts. However, Coinify will use the money to develop and secure its payment method.

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: France Gets ‘Bitcoin-backed’ ETF, to List on Euronext Stock Exchange
Next: Currency.com Embraces Crypto Regulatory Policies

Related Stories

DeFiLlama is Facing an Internal Disagreement on the Matter of Forking the Blockchain Project
3 min read
  • Blockchain
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News

DeFiLlama is Facing an Internal Disagreement on the Matter of Forking the Blockchain Project

March 30, 2023
Goldman Sachs Names Bitcoin the Best Performing Asset as Per Year-to-Date Evaluation
3 min read
  • Bitcoin (BTC)
  • Cryptocurrency
  • News
  • On-chain Data & Analysis
  • Price Analysis

Goldman Sachs Names Bitcoin the Best Performing Asset as Per Year-to-Date Evaluation

March 30, 2023
Cardano’s Rising TVL Value Fails to Pump ADA Price
3 min read
  • Altcoins
  • Blockchain
  • Cardano (ADA)
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News
  • On-chain Data & Analysis
  • Price Analysis

Cardano’s Rising TVL Value Fails to Pump ADA Price

March 29, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$28,441.00
4.16%
ethereum
Ethereum (ETH)
$1,796.38
1.14%
tether
Tether (USDT)
$1.00
-0.02%
binancecoin
BNB (BNB)
$314.56
0.29%
usd-coin
USD Coin (USDC)
$1.00
0.03%
ripple
XRP (XRP)
$0.55
4.59%
cardano
Cardano (ADA)
$0.380997
3.32%
dogecoin
Dogecoin (DOGE)
$0.075791
2.61%
binance-usd
Binance USD (BUSD)
$1.00
0.10%
polkadot
Polkadot (DOT)
$6.20
2.22%

Recent Posts

  • DeFiLlama is Facing an Internal Disagreement on the Matter of Forking the Blockchain Project
  • Goldman Sachs Names Bitcoin the Best Performing Asset as Per Year-to-Date Evaluation
  • Cardano’s Rising TVL Value Fails to Pump ADA Price
  • Congressional Hearing On Cryptocurrency Policy Puts SEC Chief Gary Gensler On the Hot Seat
  • DWF Labs Invests $40 Million In Fetch.ai To Deploy Decentralized Machine Learning
  • Hydra Ventures DAO Fund Raises $10M In New Funding Round
  • FTX’s $45M Bankruptcy Asset Sale Delays Embed Divestment Process
  • MetaMask Warns Users Of Fake Airdrop Rumors
  • Microsoft is Testing a Built-in Crypto Wallet for its Edge Web Browser
  • YouTube Influencers to Face Class Action Lawsuit for Promoting FTX
  • Singaporean Women Outperforms Men In Crypto Gains – Survey
  • Modification Of Crypto Banking Rules Possible If Market Reacts Strongly – Basel Committee Chair
  • Irene Zhao’s Crypto Social App Announces Fresh Fund Raise Of $4.5 Million 
  • What is a Network Effect and How Does It Work?
  • Circle Plans To Introduce Its USDC Stablecoin On The Cosmos Blockchain Network

Categories

You may have missed

DeFiLlama is Facing an Internal Disagreement on the Matter of Forking the Blockchain Project
3 min read
  • Blockchain
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News

DeFiLlama is Facing an Internal Disagreement on the Matter of Forking the Blockchain Project

March 30, 2023
Goldman Sachs Names Bitcoin the Best Performing Asset as Per Year-to-Date Evaluation
3 min read
  • Bitcoin (BTC)
  • Cryptocurrency
  • News
  • On-chain Data & Analysis
  • Price Analysis

Goldman Sachs Names Bitcoin the Best Performing Asset as Per Year-to-Date Evaluation

March 30, 2023
Cardano’s Rising TVL Value Fails to Pump ADA Price
3 min read
  • Altcoins
  • Blockchain
  • Cardano (ADA)
  • Cryptocurrency
  • DeFi (Decentralized Finance)
  • News
  • On-chain Data & Analysis
  • Price Analysis

Cardano’s Rising TVL Value Fails to Pump ADA Price

March 29, 2023
Congressional Hearing On Cryptocurrency Policy Puts SEC Chief Gary Gensler On the Hot Seat
3 min read
  • Binance
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • News
  • Regulation

Congressional Hearing On Cryptocurrency Policy Puts SEC Chief Gary Gensler On the Hot Seat

March 29, 2023
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%