Crypto exchange Voyager Digital has successfully obtained an official licensing greenlight from French regulatory agencies, to operate a trading platform. 

Specifically, the freshly acquired licensing approval from Autorité des marchés financiers and the Autorité de contrôle prudentiel et de résolution will allow the entity to run a trading platform, offering support features for 60 virtual assets in the French and European Union markets, via the subsidiary LGO Europe SAS.

The US-headquartered Voyager and listed in Canada under ticker symbol VYGR.V has reportedly snatched the pioneering position, being the first entity not in Europe to secure a “Fit and Proper” approval status of this type.

In August this year, Voyager reportedly entered an agreement with crypto payments company Coinify, for a total value of approximately $85 million, to financially support its target of widening the scope of the financial services to cover international cross-border payments.

The company has reportedly been investing resources in designing its mobile trading application – with the expectation of rolling out the project in a few particularly chosen nations across the EU, in the latter half of the first quarter of 2022. 

“We have a long waiting list of European customers who are looking forward to the launch of our app. The crypto economy is global and we are excited about the prospect of servicing these customers and delivering the Voyager quality access to a broader customer segment.” Voyager chief international officer Lewis Bateman further remarked. 

Trading insights reportedly revealed that the Voyager Token (VGX) price has experienced a modest incline, 13.22% throughout the past seven days to $2.57.