NEW YORK, Might 12, 2020 /PRNewswire/ — Voyager Digital Canada, Ltd. (“Voyager” or the “Firm”) (CSE:VYGR;OTCQB:VYGVF; FRA:UCD2), a public, licensed crypto-asset dealer that gives buyers with a turnkey answer to commerce crypto property, at this time introduced that it has partnered with Silver Price Foundation (“Silver”), a number one supplier of regulatory value foundation processing options, to ship year-end cryptocurrency achieve/loss statements to its prospects. The partnership enhances Voyager’s already excellent shopper expertise by offering buyers and merchants with achieve/loss info to be used in making ready correct tax returns.
“Silver’s cryptocurrency value foundation processing answer additional extends our consumer expertise by offering real-time achieve/loss evaluation and totally compliant investor tax info that in any other case, could or could not have been realized,” explains Steve Ehrlich, CEO and co-founder of Voyager Digital. “Our integration with Silver helps Voyager to proceed to ship on our objective to supply a completely clear crypto buying and selling platform that places the client first.”
For greater than a decade, Silver has been acknowledged for its industry-leading regulatory securities value foundation processing options. Constructing on its confirmed monitor file of compliance and innovation, Silver has emerged because the chief within the cryptocurrency value foundation house. Silver Price Foundation applies regulatory therapy for cryptocurrency exercise underneath established taxation guidelines and steerage, together with Discover 2014-21 and the more moderen Income Ruling 2019-24 and up to date FAQs. The Firm beforehand introduced that it had partnered with Voyager to offer cryptocurrency value foundation tax evaluation and processing for Voyager prospects.
“Buyer achieve/loss statements present the data wanted for cryptocurrency merchants to precisely full their Varieties 8949 and 1040, and may even be connected to tax returns,” mentioned Neal Ruskin, Silver’s Managing Associate answerable for product technique. “By offering statements to their prospects upfront of regulatory necessities, Voyager is setting the usual for clear reporting within the cryptocurrency house.”
Earlier this yr, Voyager introduced that it has acquired Circle Make investments, the retail digital asset enterprise from Circle Web Monetary, Inc. This transaction added greater than 40,000 retail accounts to Voyager’s buyer base, making it one of many largest, digital-asset-only company brokers within the U.S. As of February 29, 2020, the Firm is servicing over 200,000 international customers throughout its platforms.
About Voyager Digital (Canada) Ltd.
Voyager Digital (Canada) Ltd. is a crypto-asset dealer that gives retail and institutional buyers with a turnkey answer to commerce crypto property. Voyager provides prospects finest execution and protected custody on a large selection of well-liked crypto-assets. Voyager was based by established Wall Avenue and Silicon Valley entrepreneurs who teamed to deliver a greater, extra clear and cost-efficient various for buying and selling crypto-assets to the marketplace. Please go to us at https://www.investvoyager.com for extra info and to evaluate the most recent Company Presentation.
Neither the Canadian Securities Alternate nor its Market Regulator (as that time period is outlined within the insurance policies of the Canadian Securities Alternate) accepts accountability for the adequacy or accuracy of this launch. No securities regulatory authority has both permitted or disapproved of the contents of this press launch.
Cautionary Assertion Relating to Ahead-Wanting Data: The forward-looking statements contained herein are made as of the date of this launch and, apart from as required by relevant securities legal guidelines, the Firm doesn’t assume any obligation to replace or revise it to replicate new occasions or circumstances. The forward-looking statements contained on this launch are expressly certified by this cautionary assertion.
About Silver Administration Group of Firms
Silver is a number one supplier of enterprise and expertise options for the funding companies . The Silver group applies a long time of safety and software program growth expertise, together with a ardour for fixing real-world issues, to ship cost-effective brokerage operations and wealth administration options for our shoppers. Silver’s strategic companions present complementary companies, software program, and market knowledge to reinforce Silver options. Silver’s proprietary software program options are at the moment utilized by a few of the world’s most revered monetary establishments to course of tens of tens of millions of funding accounts and trillions in property. Please go to www.silvermanagement.com/
Voyager Digital (Canada) Ltd. Contacts
Anthony Feldman / Raquel Cona
(347) 487-6194 / (212) 682-6300
[email protected] / [email protected]
Phil Carlson / Scott Eckstein
(212) 896-1233 / (212) 896-1210
[email protected] / [email protected]
Silver Administration Group of Firms Contacts
SOURCE Voyager Digital