Michael Novogratz

michael novogratz

CDCROP: Galaxy Digital CEO Mike Novogratz talks to Bloomberg's Haslinda Amin at the Token 2049 conference in Singapore. Sept. 2022 (Sam Reynolds/CoinDesk)

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius

The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.

Dec 2, 2022 at 1:47 p.m. UTC

Dec 2, 2022

Galaxy DigitalCelsiusacquisitionBankruptcyMichael Novogratz

Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down

Galaxy is withdrawing $47.5 million from the crypto exchange.

By Parikshit Mishra Michael Bellusci

Nov 9, 2022 at 12:43 p.m. UTC

Nov 9, 2022

Galaxy DigitalFTXEarningsMichael Novogratz

Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement

BitGo said Galaxy owes it a $100 million breakup fee.

By Danny Nelson

Aug 15, 2022 at 4:45 p.m. UTC

Aug 15, 2022

BitGoGalaxy DigitalAcquisitionsLawsuitMichael Novogratz

Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo

The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.

By Sheldon Reback Oliver Knight

Aug 15, 2022 at 11:10 a.m. UTC

Aug 15, 2022

Galaxy DigitalBitGoAcquisitionsCustodianMichael Novogratz

Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish

The CEO said he doesn't see a V-shaped market recovery occurring.

By Michael Bellusci

Jun 8, 2022 at 4:34 p.m. UTC

Jun 8, 2022

Galaxy DigitalHedge FundCrypto FundsMarketsMichael Novogratz

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

By Michael Bellusci

Mar 30, 2022 at 6:55 p.m. UTC

Mar 30, 2022

BitcoinBakktGalaxy DigitalGolddigital goldMichael Novogratz

Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line

The crypto merchant bank just managed to keep its head above water in 2019, but says profits will likely suffer amid the effects of Covid-19.

By Paddy Baker

Apr 9, 2020 at 11:56 a.m. UTC

Apr 9, 2020

Financial ReportingMichael NovogratzGalaxy DigitalCoronavirus

Novogratz's Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%

Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.

By Marc Hochstein

Feb 13, 2020 at 11:15 p.m. UTC

Feb 13, 2020

Michael NovogratzGalaxy DigitalLayoffs

Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil.

By Bradley Keoun

Jan 6, 2020 at 9:19 p.m. UTC

Jan 6, 2020

IraneToroRyan SelkisDonald TrumpMichael NovogratzGalaxy DigitalDronesMessariMati GreenspanQuantum Economics

Markets

Tokens

Don't Throw the Crypto Tokens Out With the Bathwater

We’re at a point where any idea associated with tokens struggles for legitimacy and money. It would be a shame if we ditched token economics altogether.

By Michael J. Casey

Jan 28, 2019 at 5:00 a.m. UTC

Jan 28, 2019

TokensICOsinitial coin offeringsMichael NovogratzToken Economy