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Crypto Broker Voyager Digital Mergered Over $900M VGX With LGO Token Into A New Utility Token VGX 2.0
Summary: Voyager Digital (CSE: VYGR), a crypto broker traded on the Toronto Stock Exchange, announced on Tuesday that it has completed the largest token exchange and merger in the history of cryptocurrency, namely Voyager's original VGX token and LGO Europe SAS' LGO token. LGO Europe SAS is a European digital assets exchange acquired by Voyager in ...
Voyager Digital (CSE: VYGR), a crypto broker traded on the Toronto Stock Exchange, announced on Tuesday that it has completed the largest token exchange and merger in the history of cryptocurrency, namely Voyager's original VGX token and LGO Europe SAS' LGO token.
LGO Europe SAS is a European digital assets exchange acquired by Voyager in December 2020.
At the time of the official exchange, the total market value of VGX exceeded $900 million. Token exchange requires a series of new smart contracts on the Ethereum blockchain, as well as the development of new functions such as on-chain mortgage rewards.
VGX 2.0 has more practical functions than the previous token. Users who store tokens on the Voyager app can get a 7% annual reward. The token will also power the upcoming Voyager loyalty program.
By Mary Liu
Tags: LGO,SAS' LGO,Voyager Digital
Link: Crypto Broker Voyager Digital Mergered Over $900M VGX With LGO Token Into A New Utility Token VGX 2.0 [Copy]
