Galaxy Digital


Finance

Crypto VC Market 'Tepid' as Q3 Investments Declined 20%, Says Galaxy Digital

Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

Policy

Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy

Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.

Toncoin rises amid potential Telegram IPO (Christian Wiediger/Unsplash)

Finance

Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats

The crypto market pulled back from the first-quarter's record highs during the three-month period.

Galaxy Digital CEO Mike Novogratz (Will Foxley/The Big Empty)

Videos

Tokens on WazirX Trade at Discount; Italy's Top Banks Complete Digital Bond Issuance on Polygon

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as tokens on WazirX were trading at a steep discount following the exploit of the exchange. Plus, Galaxy Digital has acquired substantially all the assets of blockchain node operator CryptoManufaktur LLC and Italy’s top banks CDP and Intesa Sanpaolo completed a digital bond issuance using blockchain rails.

Recent Videos

Tech

Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio

The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm's role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure.

Mike Novogratz, Galaxy founder and CEO, discusses the practical changes that would follow Democratic support of crypto. (CoinDesk/Shutterstock/Suzanne Cordiero)

Tech

Crypto Casino Founder Apologizes for Gambling Away Investor Funds

Galaxy says it has reported a former general partner, Richard Kim, to the authorities for misappropriating at least $3.67 million of company funds belonging to Zero Edge, Kim's crypto casino.

Zkasino has re-opened ether bridge to users. (Carl Raw/Unsplash)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Funding (Gerd Altmann/Pixabay)

Finance

State Street, Galaxy Digital to Develop Active Crypto Trading Products

Galaxy Digital inked a similar deal with DWS last year for the European market.

State Street building in London (Danny Nelson/CoinDesk)

Policy

Meet Mike Novogratz, the Political Commentator

In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto.

Mike Novogratz, Galaxy founder and CEO, discusses the practical changes that would follow Democratic support of crypto. (CoinDesk/Shutterstock/Suzanne Cordiero)

Markets

Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)