Voyager Digital a US-based business has been granted a regulatory license to operate in Europe, Voyager is expected to roll-out its mobile trading platform in Europe in Q1 2022.
The French regulatory bodies Autorité des marchés financiers and Autorité de contrôle prudentiel et de résolution have granted Voyager Digital official licensing approval to facilitate a trading platform of 60 digital assets in the French and European Union markets through its subsidiary LGO Europe SAS.
Voyager, a US-based, Canadian-listed business with the ticker symbol VYGR.V, is said to be the first corporation outside of Europe to be granted this type of “Fit and Proper” clearance status.
Voyager signed an agreement with crypto payments business Coinify in early August for an estimated $85 million, with the goal of expanding its financial services to include worldwide cross-border payments.
In line with the news, the company has been working on a mobile trading application, which will be available in a limited number of European nations in the second part of the first quarter of 2022. Lewis Bateman, Voyager’s chief international officer, said:
“We have a long waiting list of European customers who are looking forward to the launch of our app. The crypto economy is global and we are excited about the prospect of servicing these customers and delivering the Voyager quality access to a broader customer segment.”
The Voyager Token (VGX) price has increased moderately — 13.22 percent over the previous seven days to $2.57 — following an insidious decrease over the last month in the wake of a bullish spike to $6.50 in mid-August, according to data from Cointelegraph Markets Pro and TradingView.