Galaxy Digital is advising on a "really large" real estate deal

Galaxy Digital is working on a large real estate deal, founder and CEO Mike Novogratz told The Block in a recent episode of The Scoop. 

In response to questions about Galaxy Digital's advisory business, Novogratz tells The Block that "there’s a few different type of businesses that we’ve looked at helping raise capital for a mining project or for new venture businesses so there can be a capital raising." Novogratz also added that "We’re working on a really large real estate transaction that if it got done would be a big big deal for the whole space."

Galaxy Digital's advisory business is managed by Ian Taylor, a former Goldman Sachs banker that the firm brought on last November. "We brought in Ian Taylor from Goldman Sachs. He’s a rock star. He’s now 10 months into the game, has learned crypto. The first thing you’ve got to teach your guy is in each vertical, to be experts," Novogratz states.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

More