Mike Novogratz’s Galaxy Digital Reports $76 Million Q3 Loss
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018.
Galaxy Digital, the crypto fund founded by Michael Novogratz, lost $272.7 million in its first full year of operation.
Blockchain and crypto security firm CipherTrace has raised $15 million in funding from investors including Mike Novogratz's Galaxy Digital.
XRP will have another lackluster year in 2020, Galaxy Digital CEO (and Ripple shareholder) Mike Novogratz told a roomful of financial advisers.
Michael Novogratz's crypto merchant bank Galaxy Digital is raising $250 million to build a credit fund, according to Business Insider.
Michael Novogratz has increased his stake in Galaxy Digital Holdings, Ltd. to nearly 80 percent.