NEW YORK, April 16, 2021 /CNW/ - Galaxy Digital Holdings
Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company") today
announced the appointment of Michael
Daffey, former Partner, Chairman of the Global Markets
Division, and member of the Management Committee at Goldman Sachs,
as a Senior Advisor and Chair of the Board of Directors of Galaxy
Digital, effective September 1,
2021.
Michael Novogratz, Founder and
CEO of Galaxy Digital said: "We're excited to welcome such an
experienced and respected leader of Michael's caliber to the firm
as a Senior Advisor and Board member. Michael's leadership of
Goldman Sachs' Global Markets businesses through several cycles of
growth, innovation, and transformation, as well as his insights and
relationships, will be invaluable to Galaxy Digital as we
facilitate the institutionalization of cryptocurrencies as an asset
class."
Mr. Daffey has over 25 years of experience in the financial
services sector at Goldman Sachs. He was most recently Partner,
Chairman of the Global Markets Division, and a Member of the
Management Committee. In this role, Mr. Daffey acted as a trusted
advisor for some of Goldman's most prominent clients and oversaw
the implementation of the firm's new post-Brexit structure out of
London. Mr. Daffey built his
career in the trading division at Goldman Sachs, rising to top
roles, including leading equities sales globally as well as fixed
income and foreign exchange sales for Europe, Middle
East, and Africa. He also
served as a member of Goldman's European Management Committee,
Firmwide Client and Business Standards Committee, and Global
Markets Executive Committee. Prior to this, he was the Global
Co-Chief Operating Officer of its Equities business.
Damien Vanderwilt, Co-President
and Head of Global Markets of Galaxy Digital, said: "Michael will
bring an invaluable global perspective to Galaxy Digital, and we're
confident that our rapidly evolving business units in Trading,
Asset Management, Investment Banking, Principal Investments, and
Mining will all benefit from his growth orientation and close
involvement with the Board and our people."
Mr. Daffey added: "I'm excited to join the Galaxy Digital Board
of Directors and help guide the Company through its next cycle of
global expansion as it continues executing on its mission of
bringing cryptocurrencies and digital assets to the world's leading
institutions. I've admired Galaxy Digital's leadership in the
digital asset industry, and I look forward to working closely with
Mike and the Galaxy Digital team as they build on their early-mover
advantages."
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, Amsterdam, 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.