Galaxy

Galaxy Digital Holdings Ltd. is a digital assets firm founded by Mike Novogratz in 2018. The company operates a multi-service merchant bank that services companies within the digital asset and blockchain industry. It engages in proprietary trading, market making, and facilitates large crypto transactions for clients. Galaxy Digital is also involved in asset management, principal investments, trading, investment banking, and mining, providing a comprehensive range of financial services for institutions and direct clients.

Galaxy Digital is publicly traded on both the Toronto Stock Exchange and Nasdaq under the ticker symbol GLXY. The firm has a significant presence in the crypto space, with its business lines encompassing trading, asset management, and mining, among others. It is known for its strategic investments in digital assets and companies, aiming to act as a bridge between the crypto and institutional worlds.

Recently, Galaxy Digital made headlines for orchestrating the largest ever notional sale of Bitcoin by selling 80,000 BTC for a Satoshi-era investor. Despite some financial challenges, including a reported 43% slide in total assets to $6.3 billion in the second quarter of 2025, the company logged a positive net income of $30.7 million, marking a recovery after previous losses. Galaxy Digital continues to focus on building for the future state of institutional adoption and enhancing long-term shareholder value.