Galaxy Digital Holdings is reportedly talking with outside investors to assemble a $100 million fund to invest in early-stage crypto companies. The planned Galaxy Ventures Fund I will focus on financial applications, software infrastructure and protocols building in crypto, aiming to invest in as many as...
Sports retailer Fanatics has lost its taste for NFTs and is unloading its majority stake in Candy Digital. The company plans to divest its 60% stake in Candy to escape what Fanatics Executive Chairman Michael Rubin called an “imploding NFT market,” CNBC reported Wednesday (Jan....
Digital asset and blockchain firm Galaxy Digital has an exposure of about $76.8 million of cash and digital assets to cryptocurrency exchange FTX and is in the process of withdrawing $47.5 million, the company announced Wednesday (Nov. 9) in a quarterly earnings press release issued...
In the midst of the “crypto winter,” cryptocurrency financial services company Galaxy Digital is reportedly going to cut at least 20% of its global workforce. The layoffs would follow the August report from Galaxy Digital that its net loss in the second quarter was $554.7...
April 03, 2024
Galaxy Digital Holdings is reportedly talking with outside investors to assemble a $100 million fund to invest in early-stage crypto companies. The planned Galaxy Ventures Fund I will focus on financial applications, software infrastructure and protocols building in crypto, aiming to invest in as many as 30 startups over three years, CoinDesk reported Wednesday (April 3), citing […]
January 05, 2023
Sports retailer Fanatics has lost its taste for NFTs and is unloading its majority stake in Candy Digital. The company plans to divest its 60% stake in Candy to escape...
November 09, 2022
Digital asset and blockchain firm Galaxy Digital has an exposure of about $76.8 million of cash and digital assets to cryptocurrency exchange FTX and is in the process of withdrawing...
November 01, 2022
In the midst of the “crypto winter,” cryptocurrency financial services company Galaxy Digital is reportedly going to cut at least 20% of its global workforce. The layoffs would follow the...
