Galaxy Digital

Galaxy Digital

Financiën

Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line

The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.

michael novogratz by brady dale

Markten

That AlphaPoint $5.6M Funding Round? It's a Band-Aid

The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing via a SAFE, the company confirmed to CoinDesk. But AlphaPoint would not say who provided the financing or its terms.

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Financiën

Novogratz's Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%

Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.

Michael Novogratz

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Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.

Iranian gold image via Shutterstock

Markten

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Credit: CoinDesk archives

Financiën

Bakkt, Fidelity Will Store Galaxy Digital's New Bitcoin Fund Holdings

Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.

Michael Novogratz of Galaxy Digital

Markten

Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics

This firm taps blockchain analytics across hundreds of projects to reveal what really makes prices go up.

Flipside Cypto

Markten

'Gods Unchained' Crypto Game Raises $15 Million from Naspers, Galaxy

The maker of "Gods Unchained" just raised $15 million from Naspers and Galaxy Digital, signaling mounting investor interest in digital ownership.

Gods Unchained

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Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A

Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender's latest round.

BlockFi CEO Zac Prince

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Galaxy Digital Leads $5.5 Million Round for Contract Management Startup

Crypto merchant bank Galaxy Digital has led a $5.5 million Series A for Clause, a digital contract management startup that uses blockchain tech.

Peter Hunn Clause