Dynamic Smart Order Router to Deliver Enhanced Liquidity, Trade Execution and Market Access to Bosonic's Institutional Customer Base
NEW YORK, July 7, 2020 /CNW/ -Voyager Digital Canada Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a public, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced it has partnered with Bosonic, a leading crypto focused Prime Broker, to deliver greater liquidity and trade execution to institutional clients utilizing Voyager's dynamic Smart Order Router and Bosonic's real-time clearing and settlement solution.
Voyager currently offers trade execution for 35 digital assets. Powered by its proprietary Smart Order Router technology, the Company brings investors competitive prices and faster, more reliable trade execution through multiple exchanges, OTC desks and market makers. Incorporating Voyager's Smart Order Router, these capabilities will now be integrated into the Bosonic Prime Brokerage platform to offer Bosonic's Institutional customers an unmatched depth of liquidity and market access while eliminating counterparty and settlement risk.
Stephen Ehrlich, CEO and Co-Founder of Voyager said, "Expanding our dynamic Smart Order Router to institutional customers is a natural extension of the Voyager Platform. Rosario and his team share a similar belief on what institutions are looking for in the crypto space, all of which aligns with our mission at Voyager. The Voyager-Bosonic partnership is a great strategic step for both companies in securing the best trade execution for our clients and growing our institutional businesses."
"We are very pleased Voyager has chosen to partner with Bosonic for Prime Brokerage," said Rosario Ingargiola, CEO and Founder of Bosonic. "Our Prime Brokerage platform will help Voyager eliminate counterparty and settlement risk, both when executing trades on behalf of their retail clients, as well as increasing their reach by offering their liquidity to institutional clients on a non-custodial basis. By combining our respective areas of excellence, both firms will be able to grow trading volumes on their respective platforms as we offer clients the ability to trade digital assets across various venues for the best price with the lowest risk."
Voyager and Bosonic customers will receive notifications of the platform enhancements and capabilities integration throughout the coming months.
Voyager also announces it has engaged two firms to provide investor relations services. Aitkencheck.de AG of Germany has been engaged to provide a marketing awareness program in Europe (at a cost of €50,000 over four months); and Stockhouse has been engaged to provide banner advertising and targeted marketing of investors (at a cost of $5,000 per month for six months).
About Voyager Digital (Canada) Ltd. Voyager Digital (Canada) Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.
About Bosonic Bosonic is the first Crypto Prime Brokerage offering the elimination of counterparty and settlement risk without the use of its balance sheet and without becoming a counterparty to any trades. The firm provides the only blockchain-powered, multi-custodian solution that decentralizes and distributes Prime Brokerage capabilities across all participating custodians. Real-time clearing and settlement is performed against provable assets at the custodian account level. Automated net settlement, both intra-custodian and soon cross-custodian, make it possible to trade with any counterparty dealer, exchange or other firm from a single account at any connected custodian with zero risk. Bosonic is headquartered in San Francisco, CA. For more information please visit bosonic.digital
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 either approved or disapproved of the contents of this press release.
Cautionary Statement Regarding Forward-Looking Information: The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise it to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.