in

Crypto Asset Brokerage From Uber’s Ex-CTO Goes Public on Canadian Exchange


Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange.

Crypto asset brokerage Voyager Digital — co-founded by the ex-CTO of Uber — has gone public on Canada’s TSX Venture Exchange. The news was announced in an official tweet from Voyager on Feb. 11.

Shares are traded under ticker symbol VYGR.V, as a company blog post outlines.

The listing comes following the completion of a so-called reverse takeover — also known as a reverse initial public offering or backdoor listing.

Last week, Voyager had announced that its merger with former shell company UC Resources Ltd. was nearing completion. The moved allows the crypto brokerage to qualify as a TSX Venture Tier 2 Company.

Generally, a reverse takeover occurs when a privately held company merges with a publicly traded company — thereby bypassing at least some of the bureaucratic…



Read Full Story : Cointelegraph.com News

2019-02-12 10:51:00

What do you think?

0 points
Upvote Downvote

Written by Cointelegraph

Ripple and XRP are not innovative, PoW is still kingpin, claims Tone Vays

Yet Another Bitcoin ETF submitted to SEC, But Mixed With Sovereign Debt and Bitcoin Futures