Galaxy Digital saw $272.6M loss in 2018

Quick Take

  • Mike Novogratz’s Galaxy Digital saw significant losses across 2018, according to annual financial results
  • He says he’s more optimistic about crypto today than he was in November
Crypto merchant bank Galaxy Digital has posted a $273 million loss in 2018 according to its annual filing. The news comes after a difficult 12 months for Galaxy, which operates an over-the-counter trading desk in crypto as well as an investment and venture capital arm. The firm’s Q1 filing last year showed $13.5 million in […]

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