Tagged: mike novogratz

August 15, 2022 @ 5:57 pm By JD Alois  |  

Galaxy Digital  (TSX: GLXY) has terminated its acquisition of Bitgo, an institutional digital asset trading and custody provider. Galaxy currently has a market cap of around CDN $2.9 billion. The proposed merger, put in place in 2021, valued Bitgo at around  $1.2 billion. In a… Read More

July 19, 2022 @ 11:13 am By JD Alois  |  

Mike Novogratz, founder of Galaxy Digital Holdings, billionaire, and crypto bull, says he got it wrong about the crypto industry as several firms have collapsed and digital asset valuations have tanked. Novogratz was also a big supporter of TerraUSD/LUNA – the failed algorithmic stablecoin concoction…. Read More

March 21, 2022 @ 10:32 am By JD Alois  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) has facilitated Goldman Sachs‘ (NYSE:GS) first over-the-counter crypto trade, according to Galaxy. The specific trade was for a “Bitcoin non-deliverable option”. Galaxy claims this is the first OTC transaction by a major US bank. Damien Vanderwilt, Co-President, and Head… Read More

February 7, 2022 @ 8:22 pm By JD Alois  |  

Sequoia Capital India has led a $450 million funding round for Polygon. Polygon is a platform for Ethereum scaling and infrastructure development. The company reports widespread adoption with 7,000+ applications hosted, 1B+ total transactions processed, approximately 130 million unique user addresses, and over $5 billion… Read More

August 10, 2021 @ 10:00 am By Omar Faridi  |  

Liquality, which claims to be the first multi-chain browser extension wallet, has announced the completion of a $7 million funding round that was led by Hashed, Galaxy Digital, White Star Capital, Accomplice, Coinbase Ventures, among others. Founded in 2018, Liquality offers access to widely-used blockchain… Read More

July 29, 2019 @ 11:52 pm By Cali Haan  |  

Mike Novogratz’ ambitious crypto merchant bank venture, Galaxy Digital (TSXV: GLXY; Frankfurt: 7LX) has been licensed by FINRA to underwrite crypto-token offerings, which will lead to the, “expansion of its broker-dealer, Galaxy Digital Advisors LLC,” Galaxy Digital states in a press release July 24th. According to TechCrunch, Galaxy… Read More

May 22, 2019 @ 10:25 pm By Cali Haan  |  

Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX), Mike Novogratz’s crypto merchant bank, has sold, “a majority of the Company’s position” in Block.one back to Block.One itself. Block.one is the company that launched the EOS blockchain last year. Galaxy’s remaining shares in Block.one, “…will no longer represent a… Read More

November 28, 2018 @ 10:43 am By Cali Haan  |  

Yesterday was a tough one at Galaxy Digital, the cryptocurrency-focussed merchant bank started late last year by former Goldman Sachs partner and legendary hedge fund operator Mike Novogratz. At 11:25 am ET yesterday, November 27th, the Toronto Stock Exchange halted trading of Galaxy Digital’s $GLXY… Read More

October 7, 2018 @ 12:00 pm By Cali Haan  |  

Mike Novogratz, creator of cryptocurrency merchant bank Galaxy Digital, told and audience at the Economist Finance Disrupted conference in New York this week that he does not expect Bitcoin to surpass the $9000 USD mark this year, CNBC reports. Novogratz’ latest call contradicts a number… Read More

April 13, 2018 @ 4:21 pm By Cali Haan  |  

Bitcoin has bounced off the bottom at $6500 USD, Pantera Capital claims in a recent newsletter to investors. The declaration comes shortly after Pantera announced April 10th that they had lost 50% of the value of their digital asset fund in March. But Pantera CEO… Read More

April 13, 2018 @ 10:19 am By Cali Haan  |  

Press tracking events in crypto have been reporting on talent migrating from traditional tech and finance into blockchain and crypto for some time now. The latest news concerns an announcement that Richard Kim, formerly VP London at Goldman Sachs, is now CEO at Mike Novogratz’s new… Read More

February 10, 2018 @ 8:03 am By Xu Gao  |  

WeChat Bans 1,000+ “Cash Loans” Mini Programs On February 6, WeChat released an official announcement about its ongoing move to clear up illegal mini programs (or mini apps) on its platform. According to the announcement, WeChat has permanently banned over 1000 “cash loans” mini programs… Read More