Galaxy Digital, which manages some of the cryptocurrency assets of the bankrupt cryptocurrency exchange FTX, wants to reach an agreement with more bankrupt cryptocurrency companies.
Billionaire Mike Novogratz’s company, Galaxy Digital, is eyeing other companies after FTX. cryptocurrency companies in bankruptcy he sewed. Head of Global Wealth Management at the Financial Times (FT) Steve Kurz According to the news, based on an interview with , the company has rolled up its sleeves to manage or purchase the cryptocurrencies of companies in bankruptcy.
Steve Kurz stated that the FTX agreement provided a significant return to his companies, while Galaxy’s assets under management increased last year. tripled coming out From $1.7 billion to $5.3 billion He emphasized that he reached
According to the news, the bankrupt cryptocurrency company FTX contributed to the bankruptcy management process and purchased assets within the scope of bankruptcy agreements. One of the most important factors in Galaxy’s growth happened.
FTX held it as part of an agreement made last summer. Ethereum (ETH) and Bitcoins (BTC) It sat down with Galaxy Digital to ensure its selling, staking and risk avoidance.
In his statement on the subject, Kurz signaled that they are interested in the assets of more cryptocurrency companies in bankruptcy with the following words:
We have a crypto startup team that has been investing off our balance sheet for five years. The track record we have on this side of our asset management business means we would be a good candidate for something like this.