{"id":61651,"date":"2022-05-18T18:00:36","date_gmt":"2022-05-18T15:00:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61651"},"modified":"2025-09-05T13:28:25","modified_gmt":"2025-09-05T10:28:25","slug":"alameda-leads-voyager-digital-financing-round-of-60-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/alameda-leads-voyager-digital-financing-round-of-60-million\/","title":{"rendered":"Alameda Leads Voyager Digital Financing Round of $60 Million"},"content":{"rendered":"

The cryptocurrency broker Voyager Digital attracted<\/a> around $60 million in a private placement of common shares. The financing round was led by Alameda Research, Sam Bankman-Fried’s firm.<\/p>\n

Participants included: Digital Currency Group’s Barry Silbert, Galaxy Digital’s Mike Novogratz, and Blockdaemon. The sole agent and bookrunner was BTIG.<\/p>\n

Voyager Digital will use the funding for general corporate purposes.<\/p>\n

Completing the offering in full will enable the firm to lift its liquidity to more than $225 million in hand. Of that amount, about $50 million will be held in cryptocurrencies.<\/p>\n

\n

\u201cAdditional capital will support the execution of our strategic plan. Deepening relationships with industry-leading players will help us achieve the goals of expanding existing programs, as well as entering the Web 3.0 and NFT space,\u201d said founder and CEO Steven Ehrlich.<\/p>\n<\/blockquote>\n

Voyager conducted the offering at 3 CAD ($2.34) per common share.<\/p>\n

On Monday, May 16, the company reported financial results<\/a> for the first quarter. Revenue was $102.7 million, up 70% year on year. The company posted operating losses of $43 million.<\/p>\n

From a Friday close near $3.10, Voyager shares fell to $2.25 on Monday. After a recovery, as of writing the stock was trading near $2.32.<\/p>\n

\"Alameda
Data: MarketWatch<\/a>.<\/figcaption><\/figure>\n

Voyager reported that, compared with the previous quarter, the number of users rose by 9% to 3.5 million, funded accounts rose by 11% to 1.2 million. However, assets on the platform declined from $6 billion to $5.8 billion.<\/p>\n

In October 2021, Alameda Research invested $75 million in Voyager<\/a>.<\/p>\n

As reported in January 2022, it emerged that the Canadian firm had been among the providers of crypto-lending services, against whom the began an investigation<\/a> by the U.S. Securities and Exchange Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency broker Voyager Digital attracted around $60 million in a private placement of common shares. The financing round was led by Alameda Research, Sam Bankman-Fried’s firm.<\/p>\n","protected":false},"author":1,"featured_media":61652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1546],"class_list":["post-61651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-voyager"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61651"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61651\/revisions"}],"predecessor-version":[{"id":61653,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61651\/revisions\/61653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61652"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}