/NOT FOR DISTRIBUTION TO UNITED
STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES/
NEW YORK, Nov. 12, 2020 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company") is
pleased to announce that it has closed its previously announced
private investment in public equity financing for total gross
proceed of US$50 million.
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 neither approved nor
disapproved the contents of this press release.
The securities issued in the financing have not been, and will
not be, registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act"), or any U.S. state security
laws, and may not be offered or sold in the United States without registration under
the U.S. Securities Act and all applicable state securities laws or
compliance with requirements of an applicable exemption therefrom.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy securities in the United States, nor shall there be any sale
of these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
All figures are in U.S. Dollars unless otherwise noted.
SOURCE Galaxy Digital Holdings Ltd.