Voyager Digital Raises $60M in Private Placement Led by Alameda
The new funds will take the trading platform's liquidity to more than $225 million.
The new funds will take the trading platform's liquidity to more than $225 million.
Shares of many crypto-related stocks had been battered during the week.
The coordinated legal push resembles BlockFi's legal battle, which ended in a $100 million fine and pledges to register as a security.
Revenue of $164.8 million for the quarter ended Dec. 31, 2021, more than doubled from the previous three months.
The U.S. regulator is considering whether these firms should file their offerings as securities.
The total revenue for the calendar year 2021 is estimated to be $415 million.
The lawsuit charges the crypto exchange with charging hidden commissions despite its claim to be commission-free.
The crypto exchange says it’s positioned to exceed record revenue during the current quarter.
Voyager’s debit cardholders can earn rewards and spend crypto on daily purchases.
The cryptocurrency broker also said it has more than 2.7 million verified users.