Tagged: michael novogratz

Galaxy Digital, a Full-Service Crypto Merchant Bank, Records a Net Loss of $68.2 million during Q3

Galaxy Digital (TSXV: GLXY), a full-service cryptocurrency merchant bank launched by former hedge fund manager Michael Novogratz, has generated $58.4 million in net income during the first three quarters of this year, which represents a 133% increase from the same financial period in 2018. In… Read More

Billionaire Michael Novogratz’s Galaxy Digital to Offer Two New Bitcoin Funds

Galaxy Digital Asset Management, a division of the full service, digital assets merchant bank Galaxy Digital LP, is reportedly planning to introduce two new Bitcoin (BTC) funds in November 2019. Galaxy will be offering the crypto funds to accredited investors so that they can get… Read More

Crypto Merchant Bank Galaxy Digital Reports $272.7 Million Loss for 2018

One of the most high-profile cryptocurrency investment companies, Galaxy Digital (TSXV:GLXY) , lost a whopping $272.7 million dollars in 2018, corporate fillings indicate. The company was started by legendary hedge fund manager Mike Novogratz in mid-2017. Novogratz has appeared frequently in the media since the company’s… Read More

Novogratz’ Crypto Merchant Bank, Galaxy Digital, Loses Sixth Executive

The Chief Technology Officer (CTO) at famed hedge funder Michael Novogratz’s cryptocurrency merchant bank, Galaxy Digital (TSXV:GLXY), has left the building after about 1 year in the position, Coindesk reports. Mike McMahon reportedly told the outlet, “I have already left Galaxy Digital and looking for… Read More

Bloomberg & Galaxy Digital Capital Management Introduce Bloomberg Galaxy Crypto Index

Last December Bloomberg added Cryptocurrencies to its globally ubiquitous Terminals. Now, Bloomberg and Galaxy Digital Capital Management LP, a digital asset management firm founded by Michael Novogratz, have launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the… Read More

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