NEW YORK, Sept. 29, 2020 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company")
announced that it has appointed Damien
Vanderwilt to be its Co-President and Head of Global
Markets. Additionally, Rhonda Medina
has been appointed to the Board of Managers of Galaxy Digital
Holdings GP LLC, effective immediately.
"We are pleased to welcome Damien as the newest member of Galaxy
Digital's leadership team," said Mike
Novogratz, Founder, CEO and Chairman of Galaxy Digital. "As
a seasoned manager who has operated effectively at scale, Damien's
extensive knowledge of global sales motions, electronic trade
execution, and capital market structure greatly enhances our
efforts to institutionalize the digital asset and blockchain
technology sector, offer new services, and drive forward our
technology roadmap."
Vanderwilt joins Galaxy Digital from Goldman Sachs where he
worked for 20 years, most recently as a Partner and Global Head of
FICC Execution Services, a business he relocated and established in
New York for Goldman Sachs in
2016. In this role, he was responsible for leading efforts to
consolidate voice and systematic market making as well as to
advance technologies, platforms and services throughout the Global
Markets Division. Vanderwilt's strong, long-standing relationships
with many of Goldman's largest clients helped the firm more
efficiently and effectively deliver them optimal market
access. Over this period Goldman Sachs substantially
increased the volume of FICC market making delivered electronically
to clients versus by human traders. Under Vanderwilt's watch,
Goldman Sachs notably rebuilt their Single Dealer Platform trading
system, Marquee Trader, as well as developed their market-leading
eAron commodities trading system and partnered with Bloomberg LLP
to feature its proprietary trading analytics in FXGO, a global
foreign exchange trading platform on the Bloomberg terminal. Prior
to running FICC Execution Services, Vanderwilt ran several
businesses for Goldman Sachs based in London including Equities Execution Services
& Trading and Cross Asset Sales. He also held positions with
Goldman Sachs in Hong Kong and
Sydney. Mr. Vanderwilt is expected
to join Galaxy Digital in January
2021, working alongside fellow Co-President Christopher Ferraro.
"I'm excited to partner with Damien to lead Galaxy into the next
phase of our growth as the nexus for financial services in the
digital asset sector," said Ferraro. "Where we intend to take
Galaxy overlaps directly with Damien's long and successful career
at Goldman Sachs, and he will be a key contributor in expanding the
firm's reach, strategic opportunities, and operational
excellence."
"Galaxy Digital's role as a pioneer in the digital assets space
makes this opportunity very compelling. I share the firm's ambition
to establish cryptocurrencies and digital assets as a
broadly-adopted alternative asset class and portfolio diversifier,"
said Vanderwilt. "In our respective roles, Chris and I will focus
extensively on our clients, market share growth, refining the
firm's product and service offerings, and supporting our talented
team."
Rhonda Adams Medina is a Director
of Business and Legal Affairs at Netflix. Prior to Netflix, Ms.
Medina was the VP, Business and Legal Affairs at NBC Universal Kids
and spent over 17 years at Nickelodeon, most recently as Senior
Vice President and Deputy General Counsel. Rhonda serves on the
boards of the Princeton Medical Center Foundation; McCarter Theatre
Center; and the advisory council of Princeton
University's Department of African American Studies. Rhonda
formerly served on the advisory council of Harvard Law School's Charles Hamilton Houston
Institute for Race and Justice and is an emeritus advisory board
member of the United Nations Foundation's Girl Up campaign.
"I am thrilled to welcome Rhonda to our Board" said Michael Novogratz, Founder and CEO of Galaxy
Digital. "Rhonda's long tenure at Fortune 100 innovators and deep
experience with complex transactions and managing risks offers
Galaxy Digital an invaluable perspective as we enter our next stage
of organizational growth."
About Galaxy Digital
Galaxy Digital is a diversified financial services and
investment management company in the digital asset, cryptocurrency
and blockchain technology sector. Galaxy Digital's team has
extensive experience spanning investing, portfolio management,
capital markets, venture capital, asset management, and blockchain
technology. Galaxy Digital currently operates four distinct
business lines, which include: Trading, Asset Management, Principal
Investments and Investment Banking. Galaxy Digital's CEO and
Founder is Michael Novogratz. The
Company is headquartered in New York
City, with offices in San
Francisco, London,
Tokyo, Hong Kong, the Cayman Islands (registered office) and
New Jersey. Additional information
about the Company's businesses and products is available on
www.galaxydigital.io.
Disclaimers
The TSX has not approved or disapproved of the information
contained herein.
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SOURCE Galaxy Digital Holdings Ltd.