Galaxy Digital
Galaxy Digital Sees Quarter-to-Date Loss of $300M
The Mike Novogratz-led firm said it has a liquidity position of around $1.6 billion, split 50/50 between cash and net digital assets.
Investor Concerns About Galaxy Digital's LUNA Exposure Are Overblown, BTIG Says
Galaxy Digital’s stock has plummeted more than 40% this week, but a BTIG analyst says LUNA-related concerns are unwarranted.
Slumping Galaxy Digital Announces Share Repurchase Plan
The stock had dropped 20% earlier this week, when the company reported a first-quarter loss.
Galaxy Digital Records Q1 Loss of $111.7M Amid Fall in Crypto Prices
The loss compares to the $858.2 million gain recorded in the equivalent quarter a year ago.
Ethereum Merge Pushed Back: What to Expect
Galaxy Digital’s Christine Kim discusses Ethereum’s highly anticipated merge to proof-of-stake following a statement from core developer Tim Beiko that it will not be delivered in June. Kim explains the complexity of this shift, how it will reduce Ethereum’s energy consumption and the impact it could have on investors and traders.
CoinFund, Galaxy Digital Lead $3.5M Round for Dapp Cloud Computing Startup
Socket Supply Co. offers cloud computing tools and open source architecture for decentralized application developers.
Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
The acquisition was announced last May with an expectation of closing by the end of 2021.
Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
Galaxy Digital Exec on Partnership With Goldman Sachs
Galaxy Digital’s Robert Bogucki discusses working with Goldman Sachs to deliver the first over-the-counter crypto option to a U.S. bank, and the overall trend of increasing institutional interest in digital assets. Plus, a conversation about Goldman Sachs’ plans for an ETH fund and Galaxy Digital’s future projects.
Goldman Sachs Launches First OTC Crypto Trade
Wall Street investment bank Goldman Sachs has conducted its first over-the-counter (OTC) crypto-related trade, a cash-settled bitcoin (BTC) non-deliverable option, with digital asset financial company Galaxy Digital. Watch “The Hash” group discuss the significance of this trade in the broader context of institutional crypto and Galaxy's potential as a liaison between traditional institutions and DeFi products.
