Cryptocurrency-focused investment firm Galaxy Digital has announced that the company’s approximately $80 million in assets are at risk of FTX.
Managed by renowned investor Michael Novogratz Galaxy Digital November 9 published on 2022 third quarter In its financial reports, the cryptocurrency exchange FTX, which has recently faced a sudden liquidity problem, has a total of cash and digital assets. 76.8 million reported that they have a net worth of $.
The company’s assets held in FTX 47.5 million stated that the dollar will be withdrawn. Information on how much of the assets will be cash and how much will be digital assets was not given.
Experts said that the withdrawal of large funds and institutional investors from the stock market could make everything worse. Some analysts say that FTX’s situation is a conflict between FTX and its customers. dilemma claimed to be transformed.
Galaxy Digital in the third term of 2021 517.9 million dollar net snow in the third quarter of 2022 68.1 million dollar damage Announced.