Tag: Galaxy
BitGo raises $100M after losing lawsuit against Galaxy
Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms like Michael Novogratz’s Gala [...]
BlackRock (BLK) CEO Larry Fink Got ‘Orange-Pilled’, Says Galaxy Digital’s (GLXY) Mike Novogratz: Bloomberg
Novogratz, CEO of crypto-focused financial services firm Galaxy Digital (GLXY), said Fink is "the most important thing that happened this year in bitc [...]
Galaxy Digital’s Termination of $1.2B Acquisition of Crypto Custodian BitGo Upheld by Federal Judge
The two initially agreed to a deal in May 2021, with Galaxy looking to become a one-stop shop for prime brokerage services geared toward institutional [...]
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing digital asset c [...]
Galaxy Digital Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
The ability to trade bilateral options tied to cryptocurrencies with Galaxy removes credit risk, which is normally associated with traditional OTC opt [...]
Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
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James Gunn leaps from Marvel, Guardians of the Galaxy to DC
Combo showing Brie Larson in Captain Marvel and Ezra Miller in The Flash.Courtesy: Marvel (L) | DC Comics (R)For more than a decade, the narrative sur [...]
Crypto Finance Firm Galaxy Digital Teams up With Asset Manager DWS to Develop ETPs
The ETPs will give European investors cost-effective means of accessing digital asset investment through traditional brokerage accounts. Frankfurt-bas [...]
Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research
Venture capitalist (VC) investment into crypto firms continued to fall in the first quarter of 2023, yet despite the current regulatory turbulence for [...]
A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Regulators in the United States have a fresh target on their radar: Binance. The Commodity Futures Trading Commission (CFTC) has sued the world’s bigg [...]
Galaxy Digital swings to profit after $1B net loss in 2022
On March 28, Canadian investment firm Galaxy Digital, operated by blockchain personality Mike Novogratz, disclosed that it had achieved a preliminary [...]
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
In a “base case” scenario, Galaxy Digital's research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion mar [...]
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
Several crypto firms have announced they will scale back or outright terminate their relationship with Silvergate Bank following an announced investig [...]
Galaxy acquires institutional crypto custody firm for $44M
Galaxy Digital has invested $44 million into an institutional cryptocurrency custody platform to tap into its proprietary asset storage and management [...]
Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
The self-custody platform was an asset of bankrupt crypto lender Celsius.
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