Former CEO at SIX Digital Exchange (SDX), a
Leading Swiss Regulated Digital Asset Exchange, Mr. Grant Brings 20 Years of Experience Spanning
Capital Markets, FinTech, and Crypto
NEW YORK, Aug. 12, 2021 /CNW/ - Galaxy Digital Holdings
Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company"), the
pre-eminent global provider of digital assets and cryptocurrency
financial services for institutions, today announced that
Tim Grant will join the firm as Head
of Europe effective August 16th, 2021. Mr. Grant brings
over 20 years of institutional crypto, capital markets, FinTech,
and management experience to Galaxy Digital. In this new role, Mr.
Grant will be responsible for expanding Galaxy Digital's existing
presence in Europe across all
business lines as well as overseeing operations and key client
relationships.
![Galaxy Digital Holdings Ltd. (CNW Group/Galaxy Digital Holdings Ltd.) Galaxy Digital Holdings Ltd. (CNW Group/Galaxy Digital Holdings Ltd.)](https://mma.prnewswire.com/media/1593014/Galaxy_Digital_Holdings_Ltd__Galaxy_Digital_Expands_Global_Footp.jpg)
"Welcoming a professional of Tim's caliber to Galaxy
Digital's leadership team marks an exciting chapter
for the firm as crypto and blockchain technology continue
to gain traction globally," said Mike
Novogratz, CEO and Chairman of Galaxy Digital. "Europe is an important region for Galaxy
Digital. Along with Tim, our incoming Chairman and senior advisor
Michael Daffey is currently based in
Europe. Many clients of our
Trading, Asset Management and Investment Banking businesses are
based in Europe, as are BitGo
custody clients. Tim's demonstrated leadership, operating expertise
and proven track record in both legacy finance and the emergent
crypto economy will accelerate our ability to address the global
market opportunity that is crypto."
According to a recent survey by Fidelity Digital Assets, more
than three quarters (77%) of institutional investors in
Europe believe digital assets
should be part of a portfolio and more than 90% of institutional
investors globally, interested in digital assets expect to have an
allocation in their institution's or clients' portfolios within the
next five years. Mr. Grant's hire exemplifies the firm's continued
commitment to invest aggressively in expansion to meet the
increasingly global demands of the institutional marketplace for
digital asset, crypto, and blockchain technology offerings. Under
Mr. Grant's leadership, Galaxy Digital intends to further solidify
its position as the dominant diversified crypto and digital asset
platform for institutional clients across Europe.
Previously, Mr. Grant served as the Chief Executive Officer at
SIX Digital Exchange (SDX), the Swiss regulated digital asset
exchange of SIX Group. Prior to joining SDX, he held senior
positions at several financial services firms, including CEO and
Founder of DrumG Technologies, CEO of the R3 Lab and Research
Center, and Managing Director at UBS O'Connor and UBS Investment
Bank. Mr. Grant continues to be closely connected within the
FinTech and crypto industries, serving on the boards of several
leading companies and organizations including Enterprise Ethereum
Alliance, Custodigit AG, Global Blockchain Business Council and
ApexE3, among others.
"Galaxy Digital has established itself as the pre-eminent crypto
and digital asset-centric financial services platform, acting as a
gateway for institutional clients and corporations to participate
in the rapidly evolving future of financial services," said Mr.
Grant. "I am delighted to join Mike
Novogratz and the deep bench of talented professionals at
Galaxy who are acting as trusted partners to clients, while working
to make crypto and digital assets ubiquitous, and I look forward to
bringing my experience in both the traditional and crypto markets
in Europe to bear as we make
digital asset widespread accessibility and acceptance an
institutional reality."
About Galaxy Digital
Galaxy Digital (TSX: GLXY) is a diversified financial services
and investment management company dedicated to the digital asset
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 five synergistic business
lines: Trading, Asset Management, Principal Investments, Investment
Banking, and Mining. Galaxy Fund Management is the digital asset
funds brand of the Asset Management business. 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.
Disclaimers
The TSX has neither approved nor disapproved the contents of
this press release.
SOURCE Galaxy Digital Holdings Ltd.