Difference between revisions of "Galaxy Digital"
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*[[Fireblocks]], Was part of a [https://decrypt.co/61864/fireblocks-a-hot-investment-with-133-million-series-c Series C] funding raise of $133M (18-3-2021). | *[[Fireblocks]], Was part of a [https://decrypt.co/61864/fireblocks-a-hot-investment-with-133-million-series-c Series C] funding raise of $133M (18-3-2021). | ||
*[[Index Coop (INDEX)|Index Coop]]; closed a [https://www.coindesk.com/dao-behind-defi-pulse-index-raises-7-7m-from-galaxy-digital-1kx $7.7M funding round] for them (7-7-2021). | *[[Index Coop (INDEX)|Index Coop]]; closed a [https://www.coindesk.com/dao-behind-defi-pulse-index-raises-7-7m-from-galaxy-digital-1kx $7.7M funding round] for them (7-7-2021). | ||
*NuCypher. [https://coinlist.co/nucypher-worklock Backer] of [[NuCypher]] (9-10-2020). | *[[Nucypher|NuCypher]]. [https://coinlist.co/nucypher-worklock Backer] of [[NuCypher]] (9-10-2020). | ||
* OP Crypto Capital Management; ([[Huobi (HT)|Huobi's]] Metaverse fund), [https://www.theblockcrypto.com/linked/116732/houbi-ventures-chainsmokers-back-new-25-million-fund-investing-in-the-metaverse joined] in the launch of it's $25M fund (6-9-2021). | * OP Crypto Capital Management; ([[Huobi (HT)|Huobi's]] Metaverse fund), [https://www.theblockcrypto.com/linked/116732/houbi-ventures-chainsmokers-back-new-25-million-fund-investing-in-the-metaverse joined] in the launch of it's $25M fund (6-9-2021). | ||
*[[Opium Protocol]]. [https://www.theblockcrypto.com/linked/83294/defi-credit-default-swap-platform-opium-protocol-raises-nearly-3-25-million Part] of a $3.25M raise (2-11-2020). | *[[Opium Protocol]]. [https://www.theblockcrypto.com/linked/83294/defi-credit-default-swap-platform-opium-protocol-raises-nearly-3-25-million Part] of a $3.25M raise (2-11-2020). | ||
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*[[Ramp Network|Ramp]]; led its [https://blog.ramp.network/ramp-raises-10.1m-to-make-crypto-useful-and-accessible $10.1M] [[seed]] round (6-2021). | *[[Ramp Network|Ramp]]; led its [https://blog.ramp.network/ramp-raises-10.1m-to-make-crypto-useful-and-accessible $10.1M] [[seed]] round (6-2021). | ||
*Skale. Is on the [https://skale.network/ list of supporters] of [[Skale (SKALE)|Skale]] (31-7-2020). | *Skale. Is on the [https://skale.network/ list of supporters] of [[Skale (SKALE)|Skale]] (31-7-2020). | ||
* [[Terra (LUNA)|Terra]]; is [https://medium.com/terra-money/december-2020-community-update-1becab2ebd2b mentioned] as an investor in one of their blogs (5-1-2021). Was [https://medium.com/terra-money/introducing-the-150-million-terra-ecosystem-fund-6aee01629edc part of] the $150M ecosystem fund for Terra as well (16-7-2021). | * [[Terra (LUNA)|Terra]]; is [https://medium.com/terra-money/december-2020-community-update-1becab2ebd2b mentioned] as an investor in one of their blogs (5-1-2021). Was [https://medium.com/terra-money/introducing-the-150-million-terra-ecosystem-fund-6aee01629edc part of] the $150M ecosystem fund for Terra as well (16-7-2021). When UST depegged and the Terra ecosystem crashed down, founder Novogratz [https://s27.q4cdn.com/973063916/files/doc_news/2022/A-Letter-From-our-CEO-Mike-Novogratz_5.18.2022.pdf reflected] on it writing: ''"My tattoo will be a constant reminder that venture investing requires humility."'' | ||
== Galaxy Digital Ventures == | == Galaxy Digital Ventures == | ||
Revision as of 02:59, 22 May 2022
Basics
- Venture capital firm by Mike Novogratz
- Customer of Fireblocks
Investments
- Galaxy Digital reported a 2021 Q2 loss of $176M on due to a drop in Crypto Prices
- 1inch. Participated in a $2.8M raise for 1inch (11-8-2020).
- Anchor; Do Kwon mentioned them as part of a $20M raise, calling the participants the 'Anchor whales' (16-3-2021)
- Avalanche. Participated (25-6-2020) in a $12M private sale of Avalanche.
- Bullish Global; participated in a funding round (12-5-2021).
- DODO. Participated in a $5M raise for DODO (15-10-2020).
- Figment; took part in their $50M Series B (16-8-2021).
- Fireblocks, Was part of a Series C funding raise of $133M (18-3-2021).
- Index Coop; closed a $7.7M funding round for them (7-7-2021).
- NuCypher. Backer of NuCypher (9-10-2020).
- OP Crypto Capital Management; (Huobi's Metaverse fund), joined in the launch of it's $25M fund (6-9-2021).
- Opium Protocol. Part of a $3.25M raise (2-11-2020).
- ParaFi. Is a backer of ParaFi (20-8-2020).
- Polygon: participated in a $450M private sale (7-2-2022).
- Radicle; one of the backers named as an early supporter (17-2-2021).
- Ramp; led its $10.1M seed round (6-2021).
- Skale. Is on the list of supporters of Skale (31-7-2020).
- Terra; is mentioned as an investor in one of their blogs (5-1-2021). Was part of the $150M ecosystem fund for Terra as well (16-7-2021). When UST depegged and the Terra ecosystem crashed down, founder Novogratz reflected on it writing: "My tattoo will be a constant reminder that venture investing requires humility."
Galaxy Digital Ventures
- Michael Novogratz, bought $7.5M shares of his company for $4.8M; Novogratz now owns 79.3% of company shares. Galaxy saw a net loss of $76.65M in Q3 2018 which Novogratz described as the reality of building "a business in a bear market"
Galaxy Digital Partners
Current employees
- Chris Ferraro; partner at Galaxy Digital and board of directors at BlockFi
- Laid off (1-2020) 13 people, roughly 15 percent of its workforce.
Partners
- Is a sponsor of Coin Center (as of 6-2019)
- Galaxy Digital and Bakkt will team up (10-6-2020) to offer buying and custodial services.
