Galaxy Digital Company Intelligence

April 25, 2022, 12:29PM EDT

• 28 min read

Quick Take

Galaxy Digital provides a wide range of digital asset financial services for institutions and direct clients; the company currently has five business lines: asset management, principal investments, trading, investment banking and mining
Raising $500 million in convertible debt last December, Galaxy Digital has been using this new capital to fuel growth, especially on the engineering side
Galaxy Digital announced its $1.2 billion acquisition of BitGo last May – integration with BitGo will allow Galaxy Digital to become the first global full-service financial platform for institutional investors, but the acquisition has been postponed until the completion of Galaxy Digital’s domestication process

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Source: https://www.theblockresearch.com/galaxy-digital-company-intelligence-143166?utm_source=rss&utm_medium=rss