NEW YORK, March 19, 2021 /CNW/ - Galaxy Digital Holdings
Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company") announced that
it has appointed Mark Toomey to be its Head of
Institutional Sales, effective March
29th. Mr. Toomey joins the diversified
financial services and investment management firm after spending
over two decades in traditional capital markets at Goldman Sachs
and J.P. Morgan Chase, where he managed Equity Derivatives Sales
teams that covered a range of asset management clients for a
variety of derivative and structured products.
"We are pleased to welcome Mark as the newest member of Galaxy
Digital's management team," said Michael Novogratz, Founder,
Chairman and CEO of Galaxy Digital. "As a seasoned leader with
strong relationships and a deep understanding of clients' needs,
Mark's experience will be instrumental to meeting the incoming wave
of institutional demand for exposure to digital assets and
cryptocurrencies."
Mr. Toomey joins Galaxy Digital at a time when the firm is
uniquely positioned to serve institutional and professional
investors. Galaxy's teams have been working tirelessly to build a
suite of institutional-grade products and services that are
familiar to professional investors yet specialized enough to take
advantage of the unique digital asset class.
"Where we intend to take Galaxy overlaps directly with Mark's
long and successful career at Goldman Sachs and J.P. Morgan Chase,"
said Damien Vanderwilt, Co-President
and Head of Global Markets. "He will be a key contributor in
expanding our institutional client base, building out our coverage
team, and continuing to educate the institutional community about
the cryptocurrency asset class and its role within a diversified
portfolio."
Mark Toomey, Galaxy's incoming
Head of Institutional Sales, added, "I'm excited to work closely
with Mike and the incredibly talented team at Galaxy Digital to
lead the firm into the next phase of growth as the nexus for
financial services in the digital asset sector."
About Galaxy Digital
Galaxy Digital (TSX: GLXY) is a
diversified financial services and investment management company in
the digital asset, cryptocurrency, and blockchain technology
sectors. Galaxy Digital's team has extensive experience spanning
investing, portfolio management, capital markets, venture capital,
asset management, and blockchain technology. Galaxy Digital
operates in the following businesses: Trading, Asset Management,
Principal Investments, Investment Banking, and Mining. Galaxy
Digital's CEO and Founder is Mike Novogratz. The Company is
headquartered in New York City, with offices
in Chicago, 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.
SOURCE Galaxy Digital Holdings Ltd.