Investments
106Portfolio Exits
8Funds
4Partners & Customers
10About Galaxy
Galaxy (TSXV: GLXY) is a digital asset and blockchain company. It helps institutions, startups, and qualified individuals shape a changing economy. The company provides platform solutions custom-made for a digitally native ecosystem. It serves institutional investors, web3 entrepreneurs, banks, traders, and miners. The company was founded in 2018 and is based in New York, New York.
Expert Collections containing Galaxy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Galaxy in 1 Expert Collection, including Blockchain.
Blockchain
7,632 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Research containing Galaxy
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Galaxy in 4 CB Insights research briefs, most recently on Mar 27, 2023.
Latest Galaxy News
Sep 13, 2023
News provided by Share this article Share toX NEW YORK, Sept. 13, 2023 /CNW/ - Galaxy Digital Holdings Ltd . (TSX: GLXY ) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $2,315 million as of August 31, 2023. The 4.9% decrease in preliminary AUM compared to the prior month was driven by market depreciation and net outflows. Assets Under Management ("AUM")(a)(c) (In millions) 8/31/23 (a) All figures are unaudited. AUM is inclusive of sub-advised funds, committed capital closed-end vehicles, seed investments by affiliates, affiliated separately managed accounts, and fund of fund products. Changes in AUM are generally the result of performance, contributions, withdrawals, and acquisitions. (b) (c) AUM for committed capital closed-end vehicles that have completed their investment period is reported as NAV plus unfunded commitment. AUM for quarterly close vehicles is reported as of the most recent quarter available for the applicable period. AUM for affiliated separately managed accounts is reported as NAV as of the most recently available estimate for the applicable period. Additional information regarding GAM can be found on our website at https://www.galaxy.com/asset-management . About Galaxy Galaxy (TSX: GLXY ) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York City, with global offices across North America, Europe, and Asia. Additional information about Galaxy's businesses and products is available on www.galaxy.com Disclaimers GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange ("TSX"). The TSX has not approved or disapproved of the information contained herein. SOURCE Galaxy Digital Holdings Ltd. For further information: For additional information about Galaxy (TSX: GLXY), please contact: Jonathan Goldowsky, Head of Investor Relations, Email: [email protected] ×
Galaxy Investments
106 Investments
Galaxy has made 106 investments. Their latest investment was in RISC Zero as part of their Series A on July 7, 2023.
Galaxy Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/19/2023 | Series A | RISC Zero | $40M | Yes | 1 | |
3/21/2023 | Series A | OP3N | $28M | Yes | Alumni Ventures, Animoca Brands, Avalanche, Blizzard Fund, BRV Capital Management, Connect Ventures, Creative Artists Agency, Dragonfly Capital, Galaxy, GSR Markets, OKX, Republic Crypto, Russell Westbrook, Sfermion, Spartan Group, Superscrypt, Undisclosed Investors, and Warner Music Group | 3 |
2/15/2023 | Series A - V | Superplastic | $20M | No | 5 | |
11/4/2022 | Seed VC | |||||
10/24/2022 | Seed VC |
Date | 7/19/2023 | 3/21/2023 | 2/15/2023 | 11/4/2022 | 10/24/2022 |
|---|---|---|---|---|---|
Round | Series A | Series A | Series A - V | Seed VC | Seed VC |
Company | RISC Zero | OP3N | Superplastic | ||
Amount | $40M | $28M | $20M | ||
New? | Yes | Yes | No | ||
Co-Investors | Alumni Ventures, Animoca Brands, Avalanche, Blizzard Fund, BRV Capital Management, Connect Ventures, Creative Artists Agency, Dragonfly Capital, Galaxy, GSR Markets, OKX, Republic Crypto, Russell Westbrook, Sfermion, Spartan Group, Superscrypt, Undisclosed Investors, and Warner Music Group | ||||
Sources | 1 | 3 | 5 |
Galaxy Portfolio Exits
8 Portfolio Exits
Galaxy has 8 portfolio exits. Their latest portfolio exit was Onramp Invest on August 17, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/17/2023 | Acquired | 4 | |||
Date | 8/17/2023 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 |
Galaxy Acquisitions
6 Acquisitions
Galaxy acquired 6 companies. Their latest acquisition was Argo Blockchain - Helios on December 28, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/28/2022 | Acquired Unit | 3 | ||||
12/2/2022 | Other | |||||
5/24/2021 | ||||||
11/13/2020 | Debt | |||||
11/13/2020 |
Date | 12/28/2022 | 12/2/2022 | 5/24/2021 | 11/13/2020 | 11/13/2020 |
|---|---|---|---|---|---|
Investment Stage | Other | Debt | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired Unit | ||||
Sources | 3 |
Galaxy Fund History
4 Fund Histories
Galaxy has 4 funds, including Crypto Lending Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Crypto Lending Fund | 1 | ||||
Galaxy Digital Assets Fund I | |||||
Galaxy Bitcoin Fund | |||||
Galaxy Institutional Bitcoin Fund |
Closing Date | ||||
|---|---|---|---|---|
Fund | Crypto Lending Fund | Galaxy Digital Assets Fund I | Galaxy Bitcoin Fund | Galaxy Institutional Bitcoin Fund |
Fund Type | ||||
Status | ||||
Amount | ||||
Sources | 1 |
Galaxy Partners & Customers
10 Partners and customers
Galaxy has 10 strategic partners and customers. Galaxy recently partnered with FTX on August 8, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/24/2023 | Client | Bahamas | Bankrupt crypto exchange FTX picks Galaxy to manage its digital assets Bankrupt crypto exchange FTX picks Galaxy to manage its digital assets | 5 | |
11/10/2022 | Licensee | Brazil | Galaxy and Itaú Asset Management Partner to Launch Crypto ETFs in Brazil The first ETF of this new partnership , the IT Now Bloomberg Galaxy Digital Holdings Ltd. Bitcoin ETF , will start trading at the market 's open on November 10 , 2022 , on the B3 Stock Exchange as part of Itaú Asset 's broader ETF suite , the IT Now Series . | 2 | |
4/1/2022 | Sponsored | United States | iConnections Announces First Institutional Digital Assets Forum & Partnership with Galaxy Digital. As part of this partnership , Galaxy Digital Holdings Ltd. will become a title sponsor for iConnections 's upcoming Digital Assets Forum , as well as the official sponsor of the digital assets track at iConnections Global Alts Conference in January 2023 . | 1 | |
11/18/2021 | Client | ||||
11/18/2021 | Partner |
Date | 8/24/2023 | 11/10/2022 | 4/1/2022 | 11/18/2021 | 11/18/2021 |
|---|---|---|---|---|---|
Type | Client | Licensee | Sponsored | Client | Partner |
Business Partner | |||||
Country | Bahamas | Brazil | United States | ||
News Snippet | Bankrupt crypto exchange FTX picks Galaxy to manage its digital assets Bankrupt crypto exchange FTX picks Galaxy to manage its digital assets | Galaxy and Itaú Asset Management Partner to Launch Crypto ETFs in Brazil The first ETF of this new partnership , the IT Now Bloomberg Galaxy Digital Holdings Ltd. Bitcoin ETF , will start trading at the market 's open on November 10 , 2022 , on the B3 Stock Exchange as part of Itaú Asset 's broader ETF suite , the IT Now Series . | iConnections Announces First Institutional Digital Assets Forum & Partnership with Galaxy Digital. As part of this partnership , Galaxy Digital Holdings Ltd. will become a title sponsor for iConnections 's upcoming Digital Assets Forum , as well as the official sponsor of the digital assets track at iConnections Global Alts Conference in January 2023 . | ||
Sources | 5 | 2 | 1 |
Galaxy Team
18 Team Members
Galaxy has 18 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Samuel Englebardt | Galaxy Investment Partners, Demarest Films, and Lambert Media Group | Founder | Current |
Name | Samuel Englebardt | ||||
|---|---|---|---|---|---|
Work History | Galaxy Investment Partners, Demarest Films, and Lambert Media Group | ||||
Title | Founder | ||||
Status | Current |
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