AllUnity, a new joint venture by DWS, Galaxy and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, DeFi use cases.
BitGo raises $100M after losing lawsuit against Galaxy
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said.
Bitstamp crypto exchange to raise funds for global expansion: Report
One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital.
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy.
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court.
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.
Goldman Sachs completes first OTC crypto options trade with Galaxy
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021.
NFT company Candy Digital valued at $1.5B following $100M Series A
The digital collectibles company was co-founded by entrepreneurs Michael Rubin, Mike Novogratz and Gary Vaynerchuk.
Galaxy Digital to acquire crypto custodian and services provider BitGo
Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash.
Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.
Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate
Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.
Don’t Throw the Crypto Tokens Out With the Bathwater
We’re at a point where any idea associated with tokens struggles for legitimacy and money. It would be a shame if we ditched token economics altogether.
Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.
AlphaPoint Raises $15 Million In First Major Funding Round
Crypto services company AlphaPoint announced it raised $15 million in its first major round of venture capital funding from Galaxy Digital.
Bloomberg Partners with Novogratz to Launch Crypto Index
Bloomberg has partnered with Michael Novogratz’s Galaxy Digital Capital Management to launch a cryptocurrency index.