Voyager, Uber-cofounder’s Trading platform Starts Institutional Brokerage 

Voyager, cryptocurrency trading platform, has announced a new brokerage facility designed for institutional investors.

Voyager is developed by Uber’s Co-founder and first CTO, Stephen Ehrlich, and Oscar Salazar.

Named as Voyager International, the brokerage is aimed at providing a ‘best-in-class crypto trading solution’ to institutional investors, including hedge fund owners, buy-side firms along with market makers. The announcement was done via Traders Magazine, which announced the brokerage release at the end of the year.

As stated by the Voyager CEO, Stephen Ehrlich,

“Expanding our offering and leveraging our infrastructure to include the institutional community was always a part of our long-term strategic roadmap,”

“Based on the sheer number of conversations since we announced our retail offering, it’s clear that there is a void in the marketplace and an immediate desire by institutions to participate in and offer their clients access to this emerging asset class without the significant resources, costs and time that would be required to develop an in-house solution.”

Voyager Institutional would be headed by Glenn Barber, who would be joining as Chief Institutional Officer.

Earlier, Glenn Barber was serving as MD of Equities and Co-Head at Deutsche Bank Global program sales desk.

In Barber’s own words, “Our goal is to bring the level of access, connectivity, and innovation that institutional investors, in particular, are seeking in order to effectively participate in crypto trading.”

In July, Voyager announced that they will also be launching a cryptocurrency trading platform with zero-fees and only for retail investors. The trading platform would be using a proprietary routing engine which would accommodate investors with access to best available prices aiming to disrupt much established retail trading platforms such as Robinhood and Coinbase. The trading product is in Beta state.

In addition to Ehrlich, Oscar Salazar is also the co-founder of Voyager, who was also the co-founder of Uber and also served as the Uber’s first CTO.

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