- The Voyager team says the acquisition will enable them to make use of Ethos’ highly secure crypto storage solutions to the benefit of users.
- The team plans to integrate the Ethos Universal Wallet into its institutional and retail offerings to enable customers’ self-custody their cryptoassets.
- Voyager now promises to bring more speed, security and liquidity to its clients via the new partnership
Voyager, a cryptoassets broker, created by the former chief technical officer (CTO) of Uber Oscar Salazar and Stephen Ehrlich, has announced the acquisition of Ethos.io, a cryptocurrency wallet and blockchain service provider, according to a press release on February 28th.
Voyager expanding in preparation for better times
In a bid to offer its numerous institutional and retail clients better security and liquidity, as well as an opportunity for self-custody of their digital assets, Voyager has taken over Ethos.io:
“By combining Voyager’s state-of-the-art crypto trading technology with Ethos’ robust self-custody solution for storing, sending and receiving cryptoassets, we bring to the market a genuinely integrated, all-in-one digital assets solution.”
Formerly Bitquence (BQX), the people-powered cryptocurrency platform founded by Shingo Lavine, rebranded into Ethos (ETHOS) in November 2017 and unveiled the Ethos Universal wallet app in March 2018.
Ethos to be integrated into the Voyager Ecosystem
Since its launch nearly a year ago, the Ethos universal wallet has grown from strength, transforming itself into one of the most robust cryptoassets wallets currently in existence.
Against that backdrop, the Voyager team has made it clear that the wallet would be integrated into its retail and institutional businesses, to offer clients a secure and easy-to-use wallet to store their assets, while also providing them with enhanced brokerage services for efficient cryptocurrency trading.
Voyager also expects the Ethos acquisition to make it possible for it to offer both corporate and retail clients unparalleled liquidity, speed, and security.
Shingo Lavine is now Voyager’s Chief Blockchain Officer, what’s next?
As part of the deal, Shingo Lavine, the Founder and CEO of Ethos will join the Voyager team to function as Chief Blockchain Officer, and he will also be among the latter’s Board of Directors.
Going forward, Voyager says it’s looking to use its new team, resources and technologies to develop innovative products, services and an overall enhancement of the ecosystem.
At press time the price of Ethos (ETHOS) sits at $0.145, with a market cap of $13,5 million and a 24-hour trading volume of just under $2 million