Ecosystem
January 14, 2021
min read

Increased US Exposure To eGold Via Publicly Traded Crypto-Assets Broker Invest Voyager

https://investvoyager.com

The US financial markets are global leaders in terms of capitalization, with the NYSE and NASDAQ being ranked 1st and 2nd worldwide, respectively. This is due to strong participation from US institutional investors, as well as 52% of the Americans who own stocks.

By contrast, only 15% of them own cryptocurrency albeit at a self reported value exceeding $111 billion USD. While interest in crypto assets is at an all time high, the complex regulatory environment in the United States makes it difficult for investors to join.

We are therefore excited to announce that eGold (EGLD) will be available to US investors through the licensed crypto-assets broker Voyager, a publicly traded company.

"The successful transition from traditional to decentralized finance will help our regulatory framework evolve in many positive ways. A publicly traded company built to simplify onboarding to the crypto space, is a powerful catalyst toward unlocking blockchain's multi-trillion-dollar potential. We're excited to work with Voyager towards compliant adoption at an internet-scale." said Beniamin Mincu, Elrond CEO.

Voyager provides crypto-currency brokerage services. The company offers access to assets and commission-free trading. Voyager serves retail and institutional investors in the United States and is currently looking to expand into Europe.

The digital assets services provider saw an explosive increase in assets under management, currently sitting at $265 million USD, a 4,000% increase from the same period last year and 3x since September.

“Voyager is excited to give U.S. Customers an easy way to invest in Elrond Network Investors can download the Voyager App, fund the account and begin trading within minutes. As Voyager’s growth accelerates, we will continue to expand our platform and offer our community the most exciting digital assets to invest in, with over 20 interest bearing assets on the Voyager platform.” said Steve Ehrlich, Co-founder and CEO of Voyager.

This is a very important achievement for the Elrond ecosystem as it is now able to reach even more US customers, thanks to the widespread availability of Voyager services, which complement existing US onboarding avenues such as Binance US, Crypto.com or MoonPay.

This means that almost everyone in the US now has access to eGold.

Read the official press release: https://www.newswire.ca/news-releases/voyager-digital-announces-listing-of-the-elrond-egld-gold-token-841685844.html

How to buy Elrond eGold (EGLD) with Voyager

  1. Get the Voyager App: Now available in Apple iTunes Store and Google Play Store, visit the store and search Voyager, or click here to download now.
  2. Open a Voyager Trading Account: Complete required registration to create a trading account. As a licensed financial institution, Voyager is required to collect this information.
  3. Link your Bank: Link your bank account by navigating to the User Icon on your Market Screen. On your account page, tap “Bank Accounts” and add your bank.
  4. Fund your Voyager Account: To deposit USD, go to your account page and tap “Transfer Cash or Crypto” & tap “Deposit to Voyager Account” and select USD. Then enter the amount of USD you’d like to transfer and slide the “Slide to Deposit USD” banner. Now you can trade instantly.
  5. Buy Elrond eGold (EGLD): Navigate to the Market Screen scroll until you reach “EGLD” Elrond eGold and tap to access the Elrond eGold page, then tap “Buy EGLD.” Insert the amount of USD you’d like to spend and slide the “Slide to Buy EGLD” purple banner to complete your purchase.

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About Voyager Digital Ltd.

Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation.

Author Profile Picture
Beniamin Mincu
Co-founder & CEO

Beniamin Mincu, the co-founder & CEO of MultiversX, is a distinguished tech visionary and one of Europe's early blockchain pioneers. With a notable background as Product & Business at Nem Core in 2014, he subsequently founded and led MetaChain Capital as its CEO. Beniamin continues to shape the future of technology and blockchain with his unwavering vision and leadership.

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Author Profile Picture
Beniamin Mincu
Co-founder & CEO
Published on
January 14, 2021
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