Ibahagi ang artikulong ito
Galaxy Digital Prepares for US Listing in 2021, Names New CFO
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift," said CEO Mike Novogratz.
Canada-based digital asset merchant bank Galaxy Digital (TSX: GLXY) said it is actively preparing for a U.S. listing after reporting positive Q4 earnings Tuesday.
STORY CONTINUES BELOW
Huwag palampasin ang isa pang kuwento.Mag-subscribe sa Crypto Daybook Americas Newsletter ngayon. Tingnan lahat ng newsletter
In a press release, the Toronto Stock Exchange (TSX) listed-firm founded by Mike Novogratz said it will list in the U.S. in the second half of the year. It also has named Alex Ioffe as the company’s new CFO, effective April 1, replacing Ash Prithipaul. Prithipaul is stepping down to spend more time with his family, the company said.
The company reported its Q4 net comprehensive income, excluding non-controlling interests, rose 1,175% to $335.7 million, from a loss on the same basis of $31.2 million in the year-earlier period. Galaxy attributed the improvement mostly to realized and unrealized gains on digital assets and on investments.
Income from the company’s trading business increased 842% to $238.7 million in the Q4 from a loss of $32.2 million in the year-earlier period.
In the firm’s Digital Asset Management business, assets under management increased over 98% to $807.3 million from $407.4 million in the year-earlier quarter. Galaxy Digital said. The unit expects to report preliminary assets under management of $1.24 billion as of March 22.
The company said its Galaxy Digital Trading operations expect to generate record gains in counterparty trading volumes, the size of its counterparty loan book and gross counterparty loan book originations in the Q1 2021.
“We believe our industry is at an inflection point as we participate in a once in a lifetime secular shift into cryptocurrencies as an institutionalized asset class. Galaxy Digital is committed to leading our clients and the industry through this transformation," said CEO Novogratz.
In March the firm launched the CI Galaxy Bitcoin ETF which is trading on the TSX under the ticker “BTCX.”
Read more: Galaxy Digital Taps Blockstream for Hosted Mining Operations
Also during March, Galaxy Digital announced its new bitcoin mining business, Galaxy Digital Mining, is using Blockstream facilities for an initial deployment of machines in the U.S. and Canada.
At the time of publication, Galaxy Digital shares listed on the TSX were trading up 3.53% at C$24.66.
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
Ano ang dapat malaman:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
Top Stories
