Galaxy Digital Holdings
Galaxy Digital is tapping Bakkt and Fidelity Digital Assets to store the bitcoin for its two new funds.
Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.
The New York Department of Financial Services has granted Fidelity Digital Assets Services (FDAS) a charter to operate as a limited liability trust company to custody digital currencies and execute crypto trading.
Billionaire and ex-fund manager Mike Novogratz has unveiled the launch of a cryptocurrency "merchant bank."