Galaxy Digital

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Revision as of 08:23, 20 September 2021 by wiki_crypto>Zeb.dyor (→‎Investments)
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Basics

Investments

  • Galaxy Digital reported a 2021 Q2 loss of $176M on due to a drop in Crypto Prices

Galaxy Digital Ventures

  • Has invested in Bitgo. Update (5-5-2021): bought BitGo for over $1B.
  • 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