Uber Founder’s Cryptocurrency Trading Firm Launches Institutional Arm

Voyager, the cryptocurrency trading platform created by Uber’s first CTO and a former E*Trade executive, has launched a new brokerage division designed specifically for institutional investors.

Dubbed Voyager Institutional, the brokerage aims to deliver a “best-in-class crypto trading solution” to large firms seeking to trade cryptocurrencies, a group that among others includes hedge funds, buy-side firms, and market makers. The news was first reported by Traders Magazine, who said that the brokerage is slated to launch before the end of the year.

“Expanding our offering and leveraging our infrastructure to include the institutional community was always a part of our long-term strategic roadmap,” said Stephen Ehrlich, CEO of Voyager and a former executive at E*Trade, in an interview with Traders Magazine.

“Based on the sheer number of conversations since we announced our retail offering, it’s clear that there is a void in the marketplace and an immediate desire…