The Galaxy Digital CEO confirmed that his company had been taking profits on its Terra holdings this year.
Renata Szkoda previously served as finance director at the Mike Novogratz-led crypto financial services firm.
The Mike Novogratz-led firm said it has a liquidity position of around $1.6 billion, split 50/50 between cash and net digital assets.
Galaxy Digital’s stock has plummeted more than 40% this week, but a BTIG analyst says LUNA-related concerns are unwarranted.
The stock had dropped 20% earlier this week, when the company reported a first-quarter loss.
The loss compares to the $858.2 million gain recorded in the equivalent quarter a year ago.
Socket Supply Co. offers cloud computing tools and open source architecture for decentralized application developers.
The acquisition was announced last May with an expectation of closing by the end of 2021.
Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading.