Difference between revisions of "Galaxy Digital"

Revision as of 02:42, 5 September 2022

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.
Axelar; was part of one of their 3 financing rounds (1-9-2022).
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."

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"

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.

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 * Galaxy Digital [https://www.coindesk.com/galaxy-digital-q2-loss-report-core-operating-activities reported] a 2021 Q2 loss of $176M on due to a drop in Crypto Prices
+*1inch. [https://www.coindesk.com/dex-1inch-2-8m-from-binance-galaxy Participated] in a $2.8M raise for [[1inch]] (11-8-2020).
-* 1inch. [https://www.coindesk.com/dex-1inch-2-8m-from-binance-galaxy Participated] in a $2.8M raise for [[1inch]] (11-8-2020).
 *[[Anchor (ANC)|Anchor]]; [[Do Kwon]] mentioned them as part of a [https://twitter.com/d0h0k1/status/1371738421559914496 $20M raise], calling the participants the '[[Anchor]] [[Whale|whales]]' (16-3-2021)
 *Avalanche. [https://medium.com/avalabs/avalanche-raises-12m-in-private-token-sale-led-by-initialized-galaxy-bitmain-ngc-and-dragonfly-96e5ae2cf6e Participated] (25-6-2020) in a $12M private sale of [[Avalanche (AVAX)|Avalanche]].
+*[[Axelar Network (AXL)|Axelar]]; was part of one of their 3 financing rounds ([https://blog.coinlist.co/the-state-of-axelar-the-stripe-of-web3/ 1-9-2022]).
 *[[Bullish Global]]; [https://decrypt.co/70604/eos-block-one-invests-10-billion-exchange?utm_source=telegram&utm_medium=social&utm_campaign=smt participated] in a funding round (12-5-2021).
 *[[Dodo|DODO]]. [https://decrypt.co/44679/chinese-defi-project-dodo-raises-5-million-from-top-vcs Participated] in a $5M raise for [[DODO]] (15-10-2020).