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  3. Voyager selects Ledger Vault’s custody solution
Custody news

Voyager selects Ledger Vault’s custody solution


22 May 2019 Vancouver
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Voyager Digital (Canada) has selected Ledger Vault’s multi-authorisation cryptocurrency wallet management solution to increase the security of its crypto holdings.

Ethos, a Voyager company, utilising Bedrock, will create unique addresses for Voyager customers who request to deposit cryptocurrency to their Voyager account.

The assets customers transfer to these addresses will be held in Voyager’s secure crypto custody solution, powered by Ledger, and will be available to users of the Voyager app to trade as soon as the blockchain transaction is confirmed.

Ledger Vault provides the technology infrastructure for firms to manage and control their cryptocurrencies, allowing firms to securely store and instantly trade their digital assets.

Steve Ehrlich, CEO at Voyager, said: "Security is at the heart of everything we do as a crypto company. Ledger Vault ensures best-in-class security of our customer assets on the Voyager platform without compromising the speed and liquidity they’ve come to expect from Voyager. It's also a crucial step in our efforts to deliver crypto wallet transfers.”

Demetrios Skalkotos, global head of ledger vault, commented: "From our very first conversations with Voyager, it was clear that keeping their customers’ assets safe is their top priority. By incorporating Ledger Vault’s technology, Voyager is sending a clear message to their community that they do not compromise when it comes to security.”
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