In February 2019, Voyager Digital (Canada) Ltd was listed on the Toronto Venture Exchange (TSX.V) under the symbol VYGR.V through a reverse takeover.
Working with the TSX has pushed us to think deeper about how we service our clients and manage security. Through the public listing process, we were forced to prove our long-term potential and worth as company and we hope that this will bring a high level of trust to our customers. The TSX has become a valued partner of ours and we firmly believe that working with regulators is a vital step towards crypto market growth.
While reverse takeovers are an increasingly popular business strategy for many emerging companies, the idea of a young company going public may at first glance seem out of the norm. For us, the choice made perfect sense. It offered Voyager the chance to bring transparency to our business, maturity to the crypto market and to provide the world with an opportunity to invest in a public crypto trading company through the traditional market.
Keep reading for more insight into our listing and the reasons why I’m excited that Voyager is now a public company.
Crypto is the democratization of money, the opening of a financial system that benefits just a few, to the masses. We believe that by being public we can better advance this message and what crypto truly stands for.
As of today, we are legally required to disclose both quarterly and annual reports as well as mergers, acquisitions, insider trading, securities transactions by company insiders, and ownership changes. We also have an obligation to act in the best interest of our shareholders and drive value to their investment. Furthermore, our shareholders have a voice in our future, and a vested interest in our success.
In addition to our public listing, Voyager is also a FinCen registered Money Services Business. Under this regulation, we're held to high standards by the United States Department of Treasury to ensure our customers and their funds are safe.
We’re confident that the level of transparency a public company is held to will benefit not only our shareholders and customers but also the crypto market as a whole. Our hope is that we can encourage more people to participate in the crypto market through a regulated vehicle without the fear and doubt that has shrouded the industry previously.
Crypto Market Adoption
By becoming a publicly traded entity, Voyager allows the traditional investing community to tap the public markets for exposure to this important asset class and financial utility that is built upon the technology of the future.
Traditional equities traders now have the opportunity to invest in crypto by buying shares of Voyager, even if they’ve never touched crypto assets before. We believe that this type of exposure will help more people become comfortable with the crypto market and ultimately increase widespread adoption.
"By becoming a publicly traded entity, Voyager allows the traditional investing community to tap the public markets for exposure to this important asset class and financial utility that is built upon the technology of the future.”
The listing was a crucial step for our growing company as we now have a solid capital base with which to grow, expand and improve our offering for investors.
As a public company, we have now have a different currency to help us grow our business. We’re actively looking for parts of the crypto ecosystem that fit with our mission and our culture. Having cash plus public shares will make us more efficient and give us more opportunities to expand our business.
We’ve also been able to offer our employees and investors a unique opportunity to access liquid shares in our company. Our customers can also participate in the growth of our company and crypto adoption as a whole.
This article and the content contained herein is not intended to be a source of investment advice. Please do your own research and consult with an investment professional before making investment decisions.