Crypto broker Voyager Digital has raised nearly $60 million in a private placement. The funding round was led by Sam Bankman-Fried’s Alameda Research.
Contributors include Barry Silbert’s Digital Currency Group, Mike Novogratz’s Galaxy Digital, and Blockdaemon. BTIG acted as the sole agent and bookrunner.
Voyager Digital uses the funding for general corporate purposes.
Completing the placement in full will allow the firm to raise its liquidity to more than $225 million. Of this amount, about $50 million will be funds in cryptocurrencies.
The company founder and CEO Steven Ehrlich has said:
“The additional capital will support the implementation of our strategic plan. Deepening relationships with key industry leaders will help us achieve our goals of expanding existing programs, as well as enter the Web 3.0 and NFT space.”
