Galaxy Digital

investment firm

About

Galaxy Digital is a technology-driven investment firm that provides financial solutions spanning the digital assets ecosystem.

Details

Last Funding Type
Series B
Last Funding Money Raised
$18M
Industries
Asset Management,Banking,Cryptocurrency,Financial Services,FinTech
Founded date
Jan 1, 2018
Operating Status
Active
Stock Symbol
cve:GLXY
Legal Name
Galaxy Digital LP
Investor Type
PE

Galaxy Digital operates as a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem. Galaxy Digital operates five synergistic business lines: Trading, Asset Management, Principal Investments, Investment Banking, and Mining.

The company was founded in 2018 and is based in New York.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$523M
Galaxy Digital has raised a total of $523M in funding over 2 rounds. Their latest funding was raised on Nov 29, 2021 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 29, 2021 Post-IPO Debt $500M 4 Detail
Jan 2, 2019 Post-IPO Equity $5M 1 Mike Novogratz Detail
Aug 3, 2018 IPO Detail
Feb 1, 2018 Series B $18M 1 HCM Capital Detail

Funds Raised

Announced Date Fund Name Money Raised
Jan 23, 2018 EOS.IO Ecosystem Fund $325M

Investments

Number of Investments
Number of Lead Investments
76
24
Galaxy Digital has made 76 investments. Their most recent investment was on Dec 28, 2022, when Argo Blockchain raised £29M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 28, 2022 Argo Blockchain
Post-IPO Debt £29M Blockchain Yes
Oct 24, 2022 Sealance Corp.
Seed Blockchain
Oct 18, 2022 Celestia
Series A $55M Blockchain
Sep 22, 2022 Hyperlane
Seed $18.50M Blockchain
Aug 1, 2022 OneOf
Seed $8M Blockchain

Investors

Number of Lead Investors
Number of Investors
2
6
Galaxy Digital is funded by 6 investors. Mike Novogratz and HCM Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Mike Novogratz Yes Post-IPO Equity
HCM Capital Yes Series B
Arca Post-IPO Debt
Nz Funds Post-IPO Debt
Senator Investment Group Post-IPO Debt
XN Post-IPO Debt

Employee Profiles

Number of Employee Profiles
15
Galaxy Digital has 15 current employee profiles, including Executive Michael Jordan
Executive
Executive
Executive
Executive
Executive

Exits

Galaxy Digital has had 9 exits. Galaxy Digital most notable exits include RTFKT ,   Bakkt

Date Company Name Exit Type Industry
Dec 13, 2021 RTFKT M&A Cryptocurrency Detail
Oct 18, 2021 Bakkt IPO Cryptocurrency Detail
Sep 23, 2021 Argo Blockchain IPO Blockchain Detail
Sep 9, 2021 CipherTrace M&A Big Data Detail
May 28, 2021 Clause M&A Infrastructure Detail

Acquisition

Galaxy Digital has acquired 4 organizations. Their most recent acquisition was Blue Fire Capital on Nov 13, 2020. They acquired Blue Fire Capital for 0.

Date Company Name
Industry Acquisition Type Price
Nov 13, 2020 Blue Fire Capital
Cryptocurrency acquisition Detail
Bitcoin acquisition Detail
May 24, 2021 Vision Hill Group
Financial Services acquisition Detail
Dec 1, 2022 GK8
Asset Management acquisition Detail