Voyager Digital (CSE: VYGR; OTCQB: VYGVF), a publicly-traded holding company whose subsidiaries operate licensed crypto-asset trading and investing brokerages, and Market Rebellion, a provider of trading education, content and tools for independent investors, today announced an agreement to operate a new entity focused on providing online brokerage services for equities, options, and futures.
The new entity, operating through its wholly owned subsidiary VYGR Digital Securities (a FINRA registered broker-dealer) will execute equity trades on behalf of Voyager’s US based crypto-asset licensed brokerage as Voyager brings crypto to equities trading to its customer base through its highly acclaimed platforms. Additionally, Market Rebellion will introduce its large active trading community to the new entity. The business expands on the existing relationship between the companies whereby Market Rebellion, an investor in Voyager, already introduces its crypto trading community to Voyager Digital.
“Since our beginning, Voyager has always envisioned bringing multiple trading and investing products to our platforms to allow our valuable customers the ability to participate in global markets,” said Stephen Ehrlich, cofounder and CEO of Voyager. “The development of VYGR Digital Securities, LLC supports our shared vision of making all assets interchangeable. Through the Voyager App, consumers will be empowered to trade equities, and in the future, options and futures contracts, using cryptocurrencies as their base currency.”
Jon Najarian, Market Rebellion cofounder, said, “Our mission is to empower the independent investors we serve with the best trading tools and insights available. This alliance with Voyager is doing just that – giving our members the ability to take advantage of the same cross-trading opportunities as Wall Street professionals.”
The business, which is funded equally by both parties, will bring together, as cofounders, several well-known industry veterans who have been instrumental in shaping the online brokerage industry for the last decades. Said Dirk Mueller-Ingrand, cofounder of Market Rebellion, “By applying technologies, which haven’t been utilized in this industry, the new brokerage platform will fundamentally change how millions of independent traders can take control of their own financial destiny.”
Voyager and Market Rebellion will jointly operate the business and expect to scale the business aggressively. The transaction requires FINRA approval.
