The 50 Most Interesting Companies In Bitcoin's History: 44/50
Voyager Digital
The Idea: A crypto brokerage offering custodial trading and lending products (up to 9-12% APY on Bitcoin deposits). Positioned as the 'Robinhood for crypto' with a focus on retail users.
Early Traction: Voyager was the consumer face of crypto financial services, growing rapidly during the 2020-2021 bull market.
Peak Stats: ~1M+ retail users. ~$5.3B in customer assets.
Status Today: Failed. Filed for Chapter 11 bankruptcy on July 5, 2022. Exposed to 3AC, BlockFi, and Celsius via lending relationships. Acquired by FTX in November 2022 (before FTX itself collapsed), then acquired by cryptocurrency exchange Kraken in March 2023.
Why It Matters:
Voyager's collapse was part of the broader 'CeFi lending' crisis. Its failure showed that retail-focused crypto brokerages couldn't compete with better-capitalized exchanges if they extended credit.