Galaxy Digital

Former Galaxy Digital executive Tim Grant launched a cryptocurrency-focused investment company called Deus X Capital with an initial $1 billion in investment assets and capital. He will join the company in the role of CEO while Stuart Connolly, formerly from Red Acre Ventures, will serve as chief...

The U.S. Bankruptcy Court for the District of Delaware has granted permission to collapsed crypto exchange FTX to leverage its cryptocurrency assets to settle debts with creditors. The FTX Court Decision: Judge John Dorsey gave the nod during a Wednesday court session, dismissing two...

By April 2023, Ripple (CRYPTO: XRP), a blockchain-based network that facilitates digital payments, acquired a minority stake in the cryptocurrency exchange Bitstamp. The deal was facilitated by digital investment firm Galaxy Digital, as revealed in a transcript of their shareholder conference call...

Mike Novogratz, CEO of Galaxy Digital, a crypto focused financial services firm, on Tuesday, weighed in on Bitcoin‘s (CRYPTO: BTC) rise above the $30,000-mark. What Happened: Novogratz said the surge has been largely community-driven rather than influenced by larger institutional investors,...

Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital, told investors that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have emerged as the best-performing assets of 2023 so far. What Happened: At Tuesday's fourth-quarter conference call, Novogratz said that on a...

Michael Novogratz, CEO and co-founder of Galaxy Digital, on Wednesday said that the United States is on the brink of entering a recession – and he believes that now is the perfect opportunity to invest in cryptocurrencies. What Happened: “We are going to have a credit crunch in the U.S...

With the collapse of both the Silvergate Exchange Network (NYSE: SI) and FTX (CRYPTO: FTT), stablecoins are expected to become even more ubiquitous as traders deposit their dollars with stablecoin issuers and transfer them to exchanges. SEN was widely used by exchanges, market makers, and investors...

Galaxy Digital CEO Mike Novogratz said that 2023 is shaping up to be an important year for the cryptocurrency industry.  What Happened: According to Novogratz, the current transition period will require the industry to focus on “cutting costs” in order to survive in the wake of the...

Mike Novogratz led cryptocurrency-focused financial-services firm Galaxy Digital Holdings (OTC: BRPHF) on Friday announced it has won an auction to acquire digital asset custody platform GK8 from Celsius Network. Galaxy stated that it intends to support GK8's ongoing operations in offering self...

Galaxy Digital Holdings Ltd (OTC: BRPHF), a lead financial service provider in the digital asset space, announces the integration of Chainlink's (CRYPTO: LINK) market pricing oracles. This collaboration would bring Galaxy Digital more reliable price data, directly streamed through blockchain...

A war of words on Twitter Inc (NYSE: TWTR) has led to the latest fight challenge related to the Russia-Ukraine War. Here’s the latest. What Happened: Euro Pacific Capital Chief Global Strategist Peter Schiff made headlines Wednesday after calling out Ukrainian President...

Acorns announced Wednesday a $300 million Series F that boosted its valuation to $1.9 billion. The development comes as the company scrapped its intent to go public in light of recent market volatility. “The markets got very volatile,” Acorns CEO Noah Kerner said. “The concerns we...

A highly anticipated NFT event being held in May announced additional NFT artists, athletes and company executives who will appear at the inaugural event. What Happened: A second round of speakers and entertainers for VeeCon 2022 was announced Friday, Jan. 28. This is the follow-up to a...

Trading platform company TradeStation Group announced a SPAC merger Thursday that could help grow the company’s brand awareness, customer accounts and revenue. The SPAC Merger: TradeStation announced a merger with Quantum FinTech Acquisition Corp (NYSE: QFTA). The deal values the company...

Chingari, an Indian challenger to short video sharing platform TikTok, raised $19 million from venture funds, companies and individual investors. The company is powered by the Solana (CRYPTO: SOL) blockchain. See Also: HOW HIGH CAN SOLANA GO?  What Happened: According...