Voyager Digital Ltd. , is pleased to provide stakeholders with a business update for the Fiscal 4Q ended June 30, 2021.

The Company has the following key metrics as of June 30, 2021:

Preliminary Fiscal 4Q Revenue expected to be between $103 and $107 million
Total Funded Accounts exceed 665,000, up 146% from the previous quarter end
Total Verified Users on the platform more than 1.75 million, up 75% from the previous quarter end
Basis points per-trade continue to exceed 100 basis points for the Fiscal 4Q
All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.

“Our June quarter reflects continued growth of our platform, with revenues up more than 65% from the March Quarter. Although we have seen a significant decrease in crypto market volume since mid-June we continue to see significant net new funded account growth, net asset inflows, and consistent basis points on spread revenues on our platform continue through today.” said Steve Ehrlich, CEO and Co-founder. “We continue to advance our marketing efforts and move forward on a host of important initiatives, including the launch of our Voyager Loyalty Program (VLP) program set to kick-off in September and Voyager’s payment processing capabilities.”

Additionally, pursuant to its previously announced Normal Course Issuer Bid Voyager repurchased 247,500 shares in the open market under the Company’s share buyback program and have since cancelled these shares and made the appropriate filings with the relevant regulatory bodies in Canada.

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