Galaxy Digital named former Goldman Sachs executive Michael Daffey as its chairman.
- The appointment, announced Friday, is in preparation for the firm’s U.S. public stock offering.
- The investment management firm currently trades on the Toronto Stock Exchange.
- Mike Novogratz, who will remain as CEO, said in March that the company will list in the U.S. in the second half of the year.
- Daffey was most recently chairman of Goldman Sachs’ global market division, with his retirement announced in March.
- He also recently bought a $51 million New York City mansion previously belonging to convicted sex criminal Jeffrey Epstein.
See also: Galaxy Digital Files for US Bitcoin ETF
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.