Danny Wilson has signed a three-year deal with Liverpool.
The 18-year-old defender passed a medical on Wednesday afternoon after the Reds and Rangers agreed a deal worth up to £5million.
Wilson came through the youth ranks at the Ibrox club, signing his first professional contract there three years ago.
After a promising debut season last term, Wilson was awarded both the Scottish FWA Young Player of the Year award and the Scottish PFA Young Player of the Year award.
'It's a great feeling to sign for Liverpool. Wherever you go everyone knows Liverpool FC and I am just very happy to be here,' Wilson told the club's official website.
'This is a massive challenge for me. This is one of the best leagues in the world and I will be playing for one of the biggest teams in the world.
'Coming here from Scotland, people may say I might not be ready for this, but that is a challenge I want to put on myself and that's the reason I came here.
'Everyone knows about the history of this football club with 18 league titles.
'It wasn't a difficult decision to come here as Liverpool are not a team who come in for you every day, so I can't wait to get started.
'There were other clubs interested in me who are in the Champions League, but once Liverpool came in for me there was only one team I wanted to go to.'
Liverpool had been tracking Wilson for several months and the teenager was pulled out of the Rangers squad that set off on a pre-season tour of Australia.
Rangers will receive £2m up front with add-ons linked to games played, taking the total value of the deal to £5m.
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