Mike Novogratz

Crypto custody unit BitGo says Galaxy Digital pulled out of its merger deal due to missed profits throughout the bear market

Company claims it is owed a $100 million termination fee

Company continues to seek public listing in the US despite deal termination

“I hope it’s the worst quarter this firm ever has,” CEO Mike Novogratz says

“It will take restructuring, a redemption cycle, consolidation and renewed confidence in crypto,” Novogratz said on the industry’s recovery

The deal for the institutional crypto platform has been renegotiated and is expected by year-end

Last year, its NFT marketplace grew from zero to 80,000 customers, created over 750 unique NFTs across seven product lines and released over 200,000 unique digital assets, CEO Scott Lawin told Blockworks

“The partnership with TIME is a first of its kind,” Galaxy Digital CEO and founder Mike Novogratz told Blockworks.

“It’s hard not to be bullish [on crypto],” Galaxy CEO Mike Novogratz said on the company’s earnings call. “It’s pretty remarkable earnings power that this industry is providing us.”

Galaxy Digital Holdings now has a non-fungible token (NFT) collection, according to a tweet from CEO Mike Novogratz on Friday.

Galaxy Digital CEO Mike Novogratz talked about what comes next for the digital asset space and how to navigate the tumultuous regulatory landscape onstage at Mainnet 2021.

Firms plans to build out line of physically backed digital assets funds upon regulatory clarity.

Firm files for bitcoin futures ETF despite Michael Novogratz saying SEC favoring these products is “a mistake”

“Proof of Stake and the ability to earn yield will be an important catalyst in driving further institutional interest in the digital asset industry,” Mike Novogratz, CEO and founder of Galaxy Digital said.

Novogratz said he believes bitcoin could reach $60,000 by the end of 2021 and called $250,000 a “reasonable target” when looking ahead five years from now.

In an effort to expand presence overseas, Galaxy Digital Holdings has hired Tim Grant as its first head of Europe.

Galaxy Digital is leaning into emerging technologies in the crypto space following its Vision Hill acquisition earlier this year.

DeFi has taken the world by storm, but there are a few more steps until it’s ready for institutional finance, Galaxy Digital’s Mike Novogratz and others argued on a recent Blockworks webinar

Unregistered securities offerings and fraud account for bulk of charges

Wall Street titan’s latest partnership the latest step in its expansion to digital assets realm