Voyager
Voyager Digital was a publicly traded crypto-asset brokerage (cnsx:VYGR) offering retail investors access to cryptocurrencies before declaring bankruptcy in 2022 amid the crypto winter; it now operates a Crypto Recovery Dashboard for creditor distributions.
- Company typePrivate
- Founded2017
- HeadquartersWilmington, United States
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What Voyager does
Voyager Digital was a publicly traded crypto-asset brokerage (cnsx:VYGR) founded in 2017 and headquartered in Wilmington, Delaware, that offered retail investors access to cryptocurrencies and altcoins through its trading platform. The company operated a brokerage model with 101–250 employees pre-collapse, distributing digital-asset exposure to retail customers rather than running a custodian or exchange of its own. Core revenue mechanics centered on trading spreads and fees on customer cryptocurrency transactions, supplemented by staking and yield products that became a focal point of the 2022 liquidity crisis.
Voyager pursued an aggressive acquisition-led expansion from 2019 through 2021, acquiring Ethos (digital identity, March 2019), VYGR Digital Securities (broker-dealer, January 2020), and Coinify (payments, August 2021, approximately $84 million) to broaden its product surface and license perimeter. Capital-raising paralleled this M&A: a $100M Stifel Financial-led round in February 2021, $75M in October 2021, and three rounds in 2022 (totaling approximately $335 million) anchored by Alameda Research — including a $60M private placement in May 2022 with Galaxy Digital, Blockdaemon, and Digital Currency Group, plus a $200M Alameda credit facility in June 2022.
In 2022, Voyager Digital filed for bankruptcy following a customer redemption surge during the crypto winter, alongside FTX, Celsius, and Three Arrows Capital. The current public web presence at investvoyager.com operates as a Crypto Recovery Dashboard for creditor claims and bankruptcy distributions — a structural pivot to estate management rather than active brokerage operations.
Voyager firmographics
Firmographics- Name
- Voyager
- Legal name
- Voyager
- Website
- https://investvoyager.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Voyager Digital was a publicly traded crypto-asset brokerage (cnsx:VYGR) offering retail investors access to cryptocurrencies before declaring bankruptcy in 2022 amid the crypto winter; it now operates a Crypto Recovery Dashboard for creditor distributions.
- Ownership category
- akta.pro rank
Voyager industry classification
Industry- Product category
- Cryptocurrency Brokerage
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Centralized Crypto Lending Platforms (CeFi) (FSADAFAA)
- akta.pro secondary industries
- Centralized Crypto Exchanges (CEX) (FSAPADAA), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL)
Keywords
Where Voyager is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Voyager business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- NASA Government Contracts: Fixed-price or cost-plus contracts for Private Astronaut Missions to ISS, testing life-support and crew operation technologies for future lunar and deep space missions.
- Space Infrastructure Technology Sales: Sale of proprietary propulsion systems, energetics, and space computing infrastructure to defense and space sector customers.
- Defense and Space Propulsion: Manufacturing and sale of propulsion components and energetic materials for highest-priority defense and space programs, creating high-skilled domestic manufacturing jobs.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Voyager product offering
Product offeringCore offering
Voyager Digital is a publicly traded crypto-asset brokerage company that provides retail investors with a mobile application platform to buy, sell, and earn interest on cryptocurrencies and altcoins. The company offered a commission-free trading app and expanded through acquisitions of Coinify, Ethos, and VYGR Digital Securities to broaden its crypto ecosystem.
Product overview
Voyager Technologies is a space and aerospace company focused on propulsion systems and space infrastructure. The company operates a portfolio of products including Space Edge Micro Datacenters for orbital computing, propulsion systems (solid rocket motors, roll control systems, energetics), and expandable inflatable habitat technology for lunar bases. Voyager's capabilities span defense and commercial space applications, with recent NASA contracts for Private Astronaut Missions and involvement in NASA's moon base programs. The company has acquired complementary businesses including Estes Energetics and Exoterra to strengthen American propulsion capabilities, and partners with IBM on post-quantum cryptography security solutions for space communications.
Differentiator
Problem solved
Functional benefit
Products and services
- Voyager Mobile App Mobile application that enables retail customers to buy, sell, trade, and earn interest on cryptocurrencies and altcoins through a commission-free brokerage interface.
- Voyager Interest Program Service allowing retail customers to earn interest rewards on their held cryptocurrency assets through the Voyager platform.
Quantifiable outcome
- Demonstrated post-quantum cryptography security on ISS in September 2025 using IBM Quantum Safe technology
Companies that use Voyager
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles1 record
Voyager technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
Voyager partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, minor and flagship.
- Max SpacecoreVoyager made a multi-million-dollar strategic investment in Max Space to accelerate development of expandable inflatable habitat technology for permanent lunar habitation. CEO Dylan Taylor stated at CNBC's CONVERGE LIVE that humans could live and work on the Moon by the early 2030s, with initial lunar base elements expected by 2028.
- Space FoundationminorSpace Foundation, a nonprofit advancing the global space community, premiered its National Space Day educational video on May 1, 2026. The video is part of the Space Workforce for Tomorrow initiative, presented in partnership with The Aerospace Corporation, Axiom Space, and Voyager.
- NASAflagshipNASA awarded Voyager a contract for the seventh Private Astronaut Mission (PAM-7) to the International Space Station, scheduled for launch no earlier than 2028. The mission aims to test new life-support and crew operation technologies for future lunar and deep space missions, supporting NASA's transition to private sector space operations.
- IBMcoreVoyager and IBM successfully demonstrated post-quantum cryptography security on the International Space Station by deploying IBM Quantum Safe Remediator on Voyager's Space Edge Micro Datacenter. The demonstration established a post-quantum-secured communication link between the ISS and Earth users, proving that securing traffic between Earth and orbit with PQC is possible today using IBM's crypto-agility software.
- SpaceXminorSpaceX identified as a key player in the space ecosystem alongside Voyager and Blue Origin, all pursuing permanent Moon bases driven by anticipated increases in US government funding and the NASA Authorization Act of 2026.
- Blue OriginminorBlue Origin alongside Voyager and SpaceX are pursuing permanent Moon bases, with NASA funding commercial station concepts from both Blue Origin and Voyager as referenced in Senate legislation considerations.
Scale indicators2 records
Recent moves3 records
Expansion highlights4 records
Voyager competitors and assessment
Company assessmentDirect peers
- BlockFi: BlockFi was a centralized crypto lending platform offering interest-bearing accounts and crypto-backed loans. Closely comparable to Voyager Digital's core lending/brokerage model. Also declared bankruptcy in November 2022 following FTX exposure, making it the most directly comparable peer in both product offering and fate.
- Celsius: Celsius was a leading CeFi crypto lending platform offering yield products to retail customers. Functionally identical to Voyager Digital's lending business model. Filed for bankruptcy in July 2022, preceding Voyager's collapse, with similar exposure to Three Arrows Capital.
- Genesis Global Capital: Genesis was an institutional crypto lending and trading firm under Digital Currency Group. Comparable to Voyager Digital in offering crypto lending/borrowing products. Filed for bankruptcy in January 2023 following FTX and Three Arrows Capital exposure.
- Nexo: Nexo is a centralized crypto lending platform offering interest-bearing accounts, crypto-backed loans, and exchange services. Direct functional peer to Voyager Digital's lending platform. Notably survived the 2022 crypto winter and continues operating, illustrating a similar business model that did not collapse.
Broad incumbents
- Coinbase: Coinbase is a major US-based centralized crypto exchange offering spot trading, staking, and institutional services. Overlaps with Voyager Digital's brokerage functionality but operates at much larger scale with full SEC regulatory compliance and survived the 2022 crypto winter.
- Binance: Binance is the world's largest centralized crypto exchange by trading volume. Offers trading, staking, lending products, and a broad portfolio of crypto services. Overlaps significantly with Voyager Digital's brokerage and yield-product offerings, though it has faced its own significant regulatory headwinds.
- Crypto.com: Crypto.com is a major crypto exchange platform offering trading, staking, lending, and a Visa card program. Functionally comparable to Voyager Digital's brokerage business, with a broader consumer product portfolio and significant brand marketing investment.
- Kraken: Kraken is a US-based cryptocurrency exchange offering spot trading, staking, and margin trading. Comparable to Voyager Digital's brokerage functionality, though Kraken does not offer retail lending accounts in the same unregulated manner Voyager did pre-bankruptcy.
Emerging players
- Aave: Aave is a decentralized lending protocol operating without a central custodian, in contrast to Voyager Digital's centralized model. Functionally comparable lending and borrowing services but on a different architectural and trust model that eliminates counterparty custodian risk.
- Compound: Compound is a decentralized finance (DeFi) protocol for algorithmic lending and borrowing of crypto assets. Competes with centralized lenders like Voyager Digital by offering similar yield-generating functions on-chain via smart contracts, representing the decentralized alternative model.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Voyager social profiles
Digital presenceVoyager financial estimates
Financial estimateRevenue estimate
Valuation estimate
Voyager leadership team
Management profileNumber of profiles
Profiles4 records
Voyager subsidiaries and ownership
Company hierarchySubsidiaries3 records
Voyager funding detail
Funding detailFunding overview
Funding rounds8 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Voyager M&A and investment
M&A and investmentM&A3 records
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Voyager
What does Voyager do?
Voyager Digital is a publicly traded crypto-asset brokerage company that provides retail investors with a mobile application platform to buy, sell, and earn interest on cryptocurrencies and altcoins. The company offered a commission-free trading app and expanded through acquisitions of Coinify, Ethos, and VYGR Digital Securities to broaden its crypto ecosystem.
Is Voyager a public or private company?
Voyager is a private company. It is classified as public and is currently operating.
When was Voyager founded?
Voyager was founded in 2017. It employs 101 to 250 people.
Where is Voyager based?
Voyager is headquartered in Wilmington, United States, in the North America region.
How does Voyager make money?
Three revenue lines are on record. NASA Government Contracts are the primary driver. The others are space Infrastructure Technology Sales and defense and Space Propulsion.
Who are Voyager's main competitors?
Direct peers on record are BlockFi, Celsius, Genesis Global Capital and Nexo. Broad incumbents are Coinbase, Binance, Crypto.com and Kraken. Emerging players are Aave and Compound.
Does Voyager have an API?
No public API is recorded for Voyager.
What industry is Voyager in?
Voyager's product category is Cryptocurrency Brokerage. Its primary akta.pro industry code is FSADAFAA, Centralized Crypto Lending Platforms (CeFi), with a secondary code of FSAPADAA, Centralized Crypto Exchanges (CEX). Its NAICS code is 52321 and its SIC code is 6200.