Galaxy Digital

Mike Novogratz

Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3

Galaxy Digital was trading slightly higher on the news.

News  ·  13 November 2020
DeFi

Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund

Robert Leshner's Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.

Business  ·  30 September 2020
Institutional Investors

Novogratz: Galaxy Digital Will ‘Suck’ if Bitcoin Fails to Become an Institutional Asset

Galaxy Digital is working on a project that may lead to institutions adopting crypto as an asset class. And the firm needs it, Mike Novogratz says.

Business  ·  18 June 2020
Bakkt

Bakkt, Galaxy Digital to Offer Bitcoin Trading, Custody Solution for Institutions

Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year.

News  ·  10 June 2020
Derivatives

Genesis Hires Ex-Galaxy Digital Staffer to Run New Derivatives Trading Desk

The derivatives desk will expand the company’s suite of products as it aims to attract more institutional clients to its newly acquired prime brokerage arm.

Business  ·  28 May 2020
Bitcoin

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving

The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.

Markets  ·  6 May 2020
Coronavirus

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.

Business  ·  9 April 2020
Binance

That AlphaPoint $5.6M Funding Round? It’s a Band-Aid

The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing via a SAFE, the company confirmed to CoinDesk. But AlphaPoint would not say who provided the financing or its terms.

Markets  ·  6 March 2020
Galaxy Digital

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.

Business  ·  13 February 2020
Donald Trump

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.

Markets  ·  6 January 2020
Bitcoin Mining

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Markets  ·  17 December 2019
Custody

Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings

Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.

Business  ·  19 November 2019
Venture Capital

Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics

This firm taps blockchain analytics across hundreds of projects to reveal what really makes prices go up.

Business  ·  24 September 2019
News

‘Gods Unchained’ Crypto Game Raises $15 Million from Naspers, Galaxy

The maker of "Gods Unchained" just raised $15 million from Naspers and Galaxy Digital, signaling mounting investor interest in digital ownership.

Markets  ·  23 September 2019
BlockFi

Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A

Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender's latest round.

Markets  ·  6 August 2019