Grant says the business focus will be on Switzerland and Germany, with an influence campaign planned for Europe’s newer crypto bastions.
The investment firm gave GLXY a price target of C$31.
Galaxy Digital said in March, Morgan Stanley began offering its wealth management clients access to a number of its bitcoin funds.
Bitcoin takes a breather as billionaire investor Mike Novogratz warns of market correction.
It's one of several such applications before the U.S. Securities and Exchange Commission.
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift," said CEO Mike Novogratz.
Galaxy Digital was trading slightly higher on the news.
Robert Leshner's Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.
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.
XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.
Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.
Blockchain and crypto security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital.
Michael Novogratz's crypto merchant bank Galaxy Digital is raising $250 million to build a credit fund, according to Business Insider.
Michael Novogratz has increased his stake in Galaxy Digital Holdings, Ltd. to nearly 80 percent.
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018.