Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down
Galaxy is withdrawing $47.5 million from the crypto exchange.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DFR3R5EZMJEK5GYNNDTREZ4G4M.jpg)
Sponsored
Nov 9, 2022 at 12:43 p.m. UTC
Nov 9, 2022
michael novogratz
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LJI42XGNJVAZNDO7QC4OA2O44E)
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
BitGo said Galaxy owes it a $100 million breakup fee.
Sponsored
Aug 15, 2022 at 4:45 p.m. UTC
Aug 15, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RDE57YJBORGPHGRIQZSD2SXSDA.jpg)
Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.
Sponsored
Aug 15, 2022 at 11:10 a.m. UTC
Aug 15, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/G4GSJ4W6ONCWTC5G4QJM7BS4MM.jpg)
Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
The CEO said he doesn't see a V-shaped market recovery occurring.
Sponsored
Jun 8, 2022 at 4:34 p.m. UTC
Jun 8, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7PXNNICZU5BCPMOJJV6NQNHAUI.jpg)
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.
Sponsored
Mar 30, 2022 at 6:55 p.m. UTC
Mar 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DAWKVEDPYVCSDBT7V44Y7MADZ4.jpg)
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.
Sponsored
Apr 9, 2020 at 11:56 a.m. UTC
Apr 9, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SUCRDCJHVBBOHLN7PYEIV27BGY.jpg)
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.
Sponsored
Feb 13, 2020 at 11:15 p.m. UTC
Feb 13, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RKU6LV6WGBBUJD2FWQXLIQ377M.jpg)
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.
Sponsored
Jan 6, 2020 at 9:19 p.m. UTC
Jan 6, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/R45Z7W5EDNF7RCF7OHZSGQQ7AQ.jpg)
Don't Throw the Crypto Tokens Out With the Bathwater
We’re at a point where any idea associated with tokens struggles for legitimacy and money. It would be a shame if we ditched token economics altogether.
Sponsored
Jan 28, 2019 at 5:00 a.m. UTC
Jan 28, 2019
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IUJZNWXTLBFAPKBU6VMS57UHFQ.jpg)
Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.
Sponsored
Jul 30, 2018 at 7:25 p.m. UTC
Jul 30, 2018