Steve Ehrlich, CEO of Voyager (VGX) token stated how they are a prominent agency for retail traders on an agency basis.
He pointed to how they introduced a really easy to use and engaging UI/UX mobile app to consumers which connects mobile exchanges around the globe, thus bringing in a depth of liquidity to the Voyager platform. They are focusing on commission-free crypto trading.
They believed that the mobile app can be great to allow consumers to create their wealth in a really easy to understand way. He pointed to how by giving consumers some news and info it is possible to help them create that wealth.
Acknowledging that agencies are in for commissions and they are in offering commission-free trading, they explained their revenue model focuses on debit cards, credit cards, margin, and loans so people can borrow against their crypto and stock trading where people can actually use Bitcoin or USDC or the Voyager token as the nomination to trade Tesla and Apple and Microsoft.
Steve Ehrlich points to how if you want to sell Microsoft and Buy Apple there should not be two trades, you should be able to do it in one clean swoop as a consumer. He said that for this reason, they are going to bring in operating pairs. He stated that these are all their opportunities to continue to grow, grab consumers and have a profitable business.
He stated that they are pretty much a retail app and that 99% of their users are retail consumers, who have small limit size businesses and they are using Voyager a lot of their treasuries. Thus, they are beginning to get more and more institutional accounts, as they want to put their treasury in Bitcoin, USDC or in interest plus.
Voyager is also working on 401K and retirement products which can be used across companies or just for individuals. Thus Voyager is looking to expand into the institutional sector, which is retail dominated today but further expanding into that over time.
When asked about how a small company can integrate their treasury into Voyager, he clarified stating they have to have an individual account first after which add the LLC and corporate account to that. A lot of traders use LLC as protectionary measures in the long run as they are trading in an LLC. There are tax advantages to do that. And, Voyager is working towards that. They are looking to have their retail account first and then expand them to the LLC. So, we grow with them as they are expanding with us.
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