Voyager new division aimed at institutional investors

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Bitria “news” New unit Voyager aimed at institutional investors

Platform for trading cryptocurrencies Voyager, developed by the technical Director of Uber, and former head of E * Trade, opened a new direction aimed at institutional investors, according to Traders Magazine.

It is planned that the launch of the new Voyager Institutional unit will be done before the end of 2018. According to Voyager CEO Steven Ehrlich, this extension is part of a long-term strategy of the company. He also noted that at this time, there is space for institutions wishing to invest their capital in cryptocurrency.

Voyager Institutional will be led by Glenn Barber, who previously worked at Deutsche Bank in new York. As noted by Barber, the aim of the new unit will be to ensure a high level of access and innovation, which are looking for institutional investors in the cryptocurrency sphere.

This summer, Voyager launched a platform for payment using cryptocurrency with zero rate, aimed at retail investors. Such platform, aimed at retail investors, founded by Robinhood, and Coinbase.

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