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Voyager Digital Ltd.
Voyager Digital Ltd. was a crypto brokerage founded by Steve Ehrlich; it filed for bankruptcy in 2022 and now operates a claims recovery dashboard.
Voyager Digital Ltd.
Voyager Digital Ltd. was launched by CEO Steve Ehrlich as a crypto-asset brokerage platform designed to let retail investors trade and earn yield on digital currencies. The firm operated from Chicago, New York, and San Francisco, but its known founding year is not publicly recorded. The platform offered trading in over 60 cryptocurrencies, with lending and yield-generating products underwritten by third-party partners such as Circle and BlockFi. The firm targeted retail investors across the United States, expanding briefly into international markets. Confirmed exposures included a significant loan to Three Arrows Capital, which defaulted in June 2022. Voyager's collapse followed the broader crypto liquidity crisis in 2022. On July 5, 2022, the company filed for Chapter 11 bankruptcy in the Southern District of New York. As of mid-2026, the firm's website has been repurposed as a dashboard for creditors to track claims and initial recovery progress. The firm's structural differentiator was its retail-facing, app-based brokerage model paired with yield-bearing crypto accounts — a design that proved fragile when market conditions shifted and counterparty defaults cascaded across the sector.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Additional offices
New York · San Francisco
Principals
Steve Ehrlich
CEO and Co-Founder
Sector focus
Frequently asked questions
Who founded Voyager Digital Ltd. and what was its structure?
Steve Ehrlich co-founded the firm as a retail crypto brokerage platform. The firm operated as an asset manager offering trading and lending services, but its ownership and governance structure remain largely undisclosed.
Why did Voyager Digital file for bankruptcy?
The firm's bankruptcy in July 2022 stemmed from a liquidity crisis triggered by the default of Three Arrows Capital, a major borrower, alongside broader market volatility in crypto.
What is the current status of Voyager Digital?
As of mid-2026, Voyager is no longer active as a brokerage. Its website redirects to a dashboard for creditors to track claims and recoveries under the Chapter 11 plan.
What investment stages and sectors did Voyager target?
Voyager focused on retail crypto trading and lending, targeting individuals rather than institutions, across spot and yield-bearing digital assets.
Did Voyager operate any philanthropic or adjacent vehicles?
No public information is available on philanthropic foundations or other adjacent vehicles associated with Voyager Digital Ltd.
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