Voyager Digital’s Estimated Quarterly Revenue Doubles to $165M

Voyager Digital’s estimated revenue for the quarter ended Dec. 31 2021 was $165 million, more than double the $81.5 million figure of the previous quarter.

The total revenue for the calendar year 2021 is estimated to be $415 million, the crypto exchange announced on Wednesday.Additionally, Voyager’s net new deposits for the quarter was around $1.04 billion compared to $827 million in the last quarter.The exchange’s total verified users grew to 3.2 million from 2.1 million in the previous quarter.Shares of Voyager were down more than 6.5% on the Toronto Stock Exchange at the time of writing.Voyager is traded in North America on TSX and in Europe on the Frankfurt Stock Exchange.

Read more: Voyager Digital Sued for Allegedly Misleading Investors on Trading Fees

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