Galaxy Digital Company Intelligence
Quick Take
- Galaxy Digital provides a wide range of digital asset financial services for institutions and direct clients; the company currently has five business lines: asset management, principal investments, trading, investment banking and mining
- Raising $500 million in convertible debt last December, Galaxy Digital has been using this new capital to fuel growth, especially on the engineering side
- Galaxy Digital announced its $1.2 billion acquisition of BitGo last May – integration with BitGo will allow Galaxy Digital to become the first global full-service financial platform for institutional investors, but the acquisition has been postponed until the completion of Galaxy Digital’s domestication process
This research piece is available exclusively to
members of The Block Research.
You can continue reading
this Research content on The Block Research.
Go to Source
Author: Wendy Hirata
