Former Goldman Sachs’ partner Mike Novogratz has invested nearly $5 million more in his crypto-focused merchant bank, Galaxy Digital Holdings, Ltd., increasing his shares in the venture to almost 80%.
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Billionaire Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, has announced it is repositioning its advisory business from focusing on small ICO advisory and blockchain consulting to instead serve larger, more institutional clients in the space.
Goldman Sachs Group Inc. and billionaire Mike Novogratz’s Galaxy Digital Ventures have announced they are investing $15 million in cryptocurrency custodian BitGo Holdings Inc.
In a move that can be considered a major milestone for Bitcoin industry, billionaire Mike Novogratz’ crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Toronto’s TSX Venture Exchange on August 1, reports Bloomberg.