Galaxy Digital Provides Macroeconomic and Updated Strategic View of Current Cryptocurrency Market Volatility
NEW YORK, January 26, 2022 - Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy Digital” or “the Company”), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today provided a macroeconomic and updated strategic view regarding current cryptocurrency market volatility in a short video, which can be viewed on our Investor Relations website: https://investor.galaxydigital.io/.
In this video, CEO and Founder Michael Novogratz shared his macroeconomic views on current cryptocurrency market conditions, and also provided an update on Galaxy Digital’s strategic view of current conditions, saying “When you have a to-do list as long as ours at Galaxy in terms of acquisitions, people we’re hiring, businesses we’re building, as long as you have a strong balance sheet, which we do, sometimes dislocations can play into your strength. And so, I see this as an opportunity. We are optimistic, we are going to continue to grow, certainly we’ll monitor market conditions, but I do not see anything out there telling me this is a time to slow down.”
About Galaxy Digital
Galaxy Digital (TSX: GLXY) is a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem. Galaxy Digital operates in the following businesses: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital's CEO and Founder is Mike Novogratz. The Company is headquartered in New York City, with offices in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.
Additional information about the Company's businesses and products is available on www.galaxydigital.io.
For further information: Investors Relations Contacts, Elsa Ballard, [email protected], Steven Wald, [email protected], (212) 390-9216; Media Relations Contact, Eva Casanova, [email protected], (917) 847-4796
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Certain statements in this communication reflect Galaxy Digital’s views, estimates, opinions or predictions (which may be based on proprietary models and assumptions, including, in particular, Galaxy Digital’s views on the current and future market for certain digital assets), and there is no guarantee that these views, estimates, opinions or predictions are currently accurate or that they will be ultimately realized. To the extent these assumptions or models are not correct or circumstances change, the actual performance may vary substantially from, and be less than, the estimates included herein. None of Galaxy Digital nor any of its affiliates, shareholders, partners, members, directors, officers, management, employees or representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of any of the information or any other information (whether communicated in written or oral form) transmitted or made available to you. Each of the aforementioned parties expressly disclaims any and all liability relating to or resulting from the use of this information. Certain information contained herein (including financial information) has been obtained from published and non-published sources. Such information has not been independently verified by Galaxy Digital and, Galaxy Digital, does not assume responsibility for the accuracy of such information. Affiliates of Galaxy Digital own investments in some of the digital assets and protocols discussed in this document.