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Why Did VYGVF Stock Spiked In Last Trading?

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Voyager Digital Ltd [OTXQB: VYGVF] stock reached $21.214 at the previous close, jumping 5.28%. Volume for Voyager stock was 905.65K versus the 30-day Average Volume of 976.09K. In the last 52 weeks, the VYGVF stock price ranged from $0.2125 to $30.200. VYGVF stock rose on news of its joining the Blockchain Association emerged.

How did VYGVF begin with it?

Investors and institutions can trade crypto assets effortlessly through Voyager, a publicly-traded holding company that offers a crypto-asset trading platform. With a smart order router and a custody solution covering a wide array of popular cryptocurrencies, the Voyager Platform provides competitive price execution for its customers. Established Wall Street and Silicon Valley entrepreneurs teamed up to create VYGVF to offer investors a more transparent, efficient, and cost-effective option for trading crypto-assets.

Voyager announced its membership in the Blockchain Association yesterday via press release. Association members promote innovation and collaboration to help the cryptocurrency industry succeed in the United States.

As the newest member of the Blockchain Association, VYGVF will be able to devote itself to initiatives to contribute to shaping public policy and contribute to ensuring that best practices in crypto and blockchain are followed.

How will it benefit VYGVF?

Voyager (VYGVF) participates as a member of the Blockchain Association in working groups that address crucial issues for the Company and the crypto industry as a whole, such as securities, litigation, regulation, decentralized financial functions, custody, staking, diversity, and privacy.

VYGVF will also be able to contribute to legislation, comment letters, and other documents with a view to strengthening policy processes. As part of the Blockchain Association, Voyager has joined AAVE, Circle, Grayscale, and Fireblocks as pioneers in the technology industry.

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