Category: Galaxy Digital

Cryptocurrency Mining Firm Argo Secures $20M Loan from Galaxy Digital

London Stock Exchange-listed cryptocurrency mining firm, Argo Blockchain has secured a loan facility worth £14 million ($20 million) from Galaxy Digital. Per the announcement, the loan which will run for six months is needed to prevent the firm from selling off its Bitcoin (BTC) holdings amidst the ongoing bear market.  New RNS: Argo is pleased […]

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Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto project,” he said. Novogratz Still Bullish […]

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Dip or No Dip, Mike Novogratz Says He is “Still a Big Buyer of Bitcoin”

Mike Novogratz, the Chief Executive Officer of cryptocurrency assets management firm, Galaxy Digital, has reiterated his trust in the capabilities of Bitcoin (BTC) and cryptocurrencies as a viable asset class. Speaking in an interview on Bloomberg Live, Novogratz said that he views Bitcoin as a form of digital Gold. “I look at #Bitcoin in particular […]

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Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is […]

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Galaxy Digital is now serving as Goldman Sachs’ liquidity provider for bitcoin futures trades

Galaxy Digital is now serving as Goldman Sachs’ liquidity provider for bitcoin futures trades

Galaxy Digital is now serving as a liquidity provider for Goldman Sachs’ bitcoin futures block trades, a move that comes as the Wall Street investment giant ramps up its crypto-related services. The crypto company said in a statement Friday those trades are tied to CME’s bitcoin futures offering. CNBC first reported the news. “We are […]

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MLB Steps Into the NFT World by Entering a Long-Term Partnership With Candy Digital

MLB Steps Into the NFT World by Entering a Long-Term Partnership With Candy Digital

On June 1, Major League Baseball (MLB) reporter David Adler announced the MLB organization established a long-term deal with the digital collectible company Candy Digital. The oldest American professional baseball organization is stepping into the non-fungible token (NFT) collectibles world and will start by launching a Lou Gehrig NFT. MLB’s First NFT Will Feature ‘The […]

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Fanatics, Gary Vaynerchuck and Mike Novogratz team up to launch sports NFT company

Fanatics, Gary Vaynerchuck and Mike Novogratz team up to launch sports NFT company

Popular sports merchandise company Fanatics and its founder Michael Rubin have partnered up with VaynerX chairman Gary Vaynerchuck and Galaxy Digital founder Mike Novogratz to create a non-fungible token (NFT) company called Candy Digital.  The company will focus on sports-related NFTs. The first digital collectible on sale will be in collaboration with Major League Baseball. […]

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Mike Novogratz Bets Big on NFT, Says Iconic Things Will Hold Value Despite the Market Hype

Mike Novogratz, the CEO of the crypto asset management firm Galaxy Digital is bullish on NFT markets and believe despite the hype around the market, iconic thing such as the American National Anthem would eventually be converted into an NFT. Novogratz’s comments came during his recent appearance on CNBC’s Squawk Box. “We are not even […]

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Why Galaxy Digital bought BitGo

Quick Take Mike Novogratz, CEO of Galaxy Digital, sees custody as crucial to the “full stack” of crypto financial services. Acquiring BitGo also gives Galaxy the technical talent it needs to build its own blockchain applications, he says. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily […]

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Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis

Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?” Novogratz Asks Top Exchange Execs to List Satoshis Bitcoin […]

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