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Galaxy digital assets fund
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Galaxy Digital Assets Fund
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CryptoCurrency
Novogratz’s Galaxy Digital Becomes Profitable in 2023 with a Push in Crypto Prices
2024-03-27T07:19:17.598+02:00
The company ended Q4 with a net income of $302 million and the year with $296 million.
Its AUM reached $10.1 billion at the end of February 2024.
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CryptoCurrency
Galaxy Digital Turns to Europe: Appoints New Regional CEO amidst US Regulatory Uncertainty
2023-09-21T15:38:10.401+02:00
Favorable European regulations have attracted Galaxy Digital to the region.
Leon Marshall leads Galaxy Digital's European expansion from London.
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Jared Kirui
CryptoCurrency
Crypto Winter’s Chilling Aftermath: Galaxy Digital and Riot Blockchain Report Q2 Losses
2023-08-10T09:56:55.963+02:00
Both companies reported a net loss in the last quarter.
However, Riot increased its hash rate, and Galaxy boosted its AM revenue sixfold.
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CryptoCurrency
Galaxy Digital Turns $1.7b Net Income from 2021 to $1b Loss in 2022
2023-03-29T11:47:44.446+02:00
The drop in Bitcoin's price has taken its toll on financial results.
However, 2023 began with positive changes in the market dynamics.
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CryptoCurrency
Mike Novogratz's Galaxy Saves Bitcoin Miner Argo from Bankruptcy
2022-12-28T11:26:31.732+02:00
Argo sells Helios mine and takes asset-backed loans from Galaxy.
The company wants to renew its focus on Canadian operations.
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CryptoCurrency
Galaxy Digital Cuts Down Exposure to FTX to 38%
2022-11-09T22:46:59.535+02:00
The firm is currently taking out $47.5 million from its $76.8 million exposure to FTX.
Galaxy Digital saw a net comprehensive loss of $68.1 million in Q3 2022.
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Solomon Oladipupo
FinTech
Galaxy Digital Sees $111.7m Net Loss as Digital Asset Price Falls during Q1
2022-05-09T17:23:47.782+02:00
The loss contrasts against last year's $858.2m gain.
Crypto total market cap fell by 7% during Q1.
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Solomon Oladipupo
News
Galaxy Digital to Buy Crypto Custodian BitGo for $1.2 Billion
2021-05-05T14:00:06.000+02:00
The deal is expected to be closed in the fourth quarter of 2021.
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Arnab Shome
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News
Mike Novogratz’s Galaxy Digital Raised $58.7M for Bitcoin Funds
2020-11-26T09:03:06.000+02:00
The investments mostly came from high-net-worth and institutional investors.
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Interviews
CAIS & Galaxy Digital: This Moment is Crucial for FAs in Crypto
2020-07-07T12:53:53.000+02:00
Executives from CAIS and Galaxy Digital lay out why they believe educating FAs is the next step for crypto adoption.
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Rachel McIntosh
News
Bakkt, Galaxy Digital Partner Extending BTC Services to Institutions
2020-06-11T08:32:33.000+02:00
Institutional demand for Bitcoins is skyrocketing recently.
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News
Galaxy Digital Posts $32.9 Million in Net Loss for Q4 2019
2020-04-09T11:42:21.000+02:00
The head of the company is still bullish on Bitcoin.
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Arnab Shome
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News
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
2020-02-14T11:22:59.000+02:00
The company made a loss of $68 million in Q3 2019.
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Arnab Shome
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Galaxy Digital Registered $273 Million in Losses in 2018
2019-04-30T10:33:06.000+02:00
The company lost $101.4 million by selling crypto in the bear market.
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Novogratz’s Galaxy Digital Raises $250M For Crypto Lender Fund
2019-01-24T18:32:37.000+02:00
The company’s product lends money to cryptocurrency firms who don’t want to offload their holdings.
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News
Novogratz Won’t Give Up On Crypto, Now Owns 80% of Galaxy Digital
2019-01-03T07:07:51.000+02:00
Mike Novogratz just purchased an additional 7.5 million shares in Galaxy Digital Holdings Ltd.
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News
Mike Novogratz's Crypto Bank Incurs $41 Million in Q3 Losses
2018-11-28T18:28:10.000+02:00
The New York-based firm reported a net loss of $136 million during the nine months through September 2018.
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Galaxy Digital to Explore Real Estate Tokenization, Novogratz Says
2018-11-14T10:45:58.000+02:00
Mike Novogratz's crypto merchant bank is hiring a real estate investment specialist from Goldman Sachs.
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News
Crypto Merchant Bank 'Galaxy Digital' Will Trade on Canadian Exchange on August 1
2018-07-31T11:45:34.000+02:00
The listing was originally set for April, but was pushed back by regulators.
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Mike Novogratz to Create Cryptocurrency Merchant Bank
2018-01-17T15:33:17.000+02:00
The plan is to operate in four business areas: trading, venture investments, asset management, and consulting.
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Simon Golstein
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News
Mike Novogratz to Launch $500m Crypto Fund Despite Identifying Historic Bubble
2017-09-26T16:27:34.000+02:00
"This is going to be the largest bubble of our lifetimes."
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