Galaxy Digital, led by Mike Novogratz, is buying some assets belonging to Celsius from cryptocurrency lending platforms.
Galaxy Digital belongs to Celsius Network as a result of the auction. self-custom platform acquired the right to purchase GK8.
Details of the agreement between the two parties have not yet been made public. But Galaxy management, to buy GK8, That they paid less than Celsius paid when they bought the GK8. explained.
Celsius announced the GK8 in November 2021, for $115 million had bought.
Galaxy aims to develop broker services under its own umbrella through GK8. With the inclusion of GK8 in Galaxy, about 40 more people will be added to Galaxy’s team. Among them are blockchain engineers.
Thanks to this agreement, which has not yet been legally approved, Galaxy Digital to strengthen its position in the global sector. aims.
Crypto lending platform Celsius filed for bankruptcy this July.