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 DrawBridge Lending on Nov 13, 2020. They acquired DrawBridge Lending for 0.

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