Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges
CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year.
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
Voyager reassured its customers no funds or personal information were compromised but warned it will take time to get its app back online again.
Voyager said it will suspend trading in XRP, effective Monday, Jan. 18, at 12:00 p.m. New York time.
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year.
Two cryptocurrency trading firms are merging and, in a rare twist, so are their tokens.