By Adriano Marchese
Voyager Digital Ltd. said Thursday it has received a $75 million investment from Alameda Research.
The cryptocurrency-trading platform said Alameda's market-making abilities and market-neutral algorithms are a good fit to be a core lending partner of the company, which will allow Voyager to further expand the breadth of its rewards program.
"While the immediate opportunity is on the order flow and asset management front, we are tremendously excited about potential future synergistic opportunities in the continuously evolving crypto industry," Chief Executive Steve Ehrlich said.
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires