Ledger Vault to Provide Custody Solution for Voyager’s Crypto Trading Platform

05/22/2019 | Blog posts

Ledger Vault Voyager

Voyager Digital (Canada) Ltd. (« Voyager ») (TSXV: VYGR; Pink Sheets: VYGVF, Borse Frankfurt UCD2), through its subsidiary, Voyager Digital, LLC, the licensed and regulated crypto asset brokerage, today announced it will utilize Ledger Vault’s multi-authorization cryptocurrency wallet management solution.

Voyager will integrate Ledger Vault’s state-of-the-art asset management system into its crypto trading platform to increase the security of its crypto holdings. Ledger Vault provides the technology infrastructure for firms to completely manage and control their cryptocurrencies, allowing firms to securely store and instantly trade their digital assets.

Voyager CEO Steve Ehrlich said, « Security is at the heart of everything we do as a crypto company. Ledger Vault ensures best-in-class security of our customer assets on the Voyager platform without compromising the speed and liquidity they’ve come to expect from Voyager. It’s also a crucial step in our efforts to deliver crypto wallet transfers.”

Ethos, a Voyager company, utilizing Bedrock, its enterprise blockchain application, will programmatically create unique addresses for Voyager customers who request to deposit cryptocurrency to their Voyager account. The assets customers transfer to these addresses will be held in Voyager’s secure crypto custody solution, powered by Ledger, and will be available to users of the Voyager app to trade as soon as the blockchain transaction is confirmed.

« From our very first conversations with Voyager, it was clear that keeping their customers’ assets safe is their top priority,” said Demetrios Skalkotos, Global Head of Ledger Vault. “By incorporating Ledger Vault’s technology, Voyager is sending a clear message to their community that they do not compromise when it comes to security. Ledger Vault is fluid, providing Voyager cold level security with the ability to become hot in a matter of seconds all through one secure interface.”

Many crypto traders have utilized Ledger as an extremely secure mechanism to protect their assets and can now have confidence that this same security is being leveraged for the majority of assets under management with Voyager. With Ledger’s solution, Voyager and Ethos will provide a secure, liquid, end-to-end crypto asset management platform that works at scale for a global audience.