NEW YORK, Jan. 26, 2022 /CNW/ - Galaxy Digital
Holdings Ltd. (TSX: GLXY) ("Galaxy Digital" or "the Company"), a
financial services and investment management innovator in the
digital asset, cryptocurrency, and blockchain technology sectors,
today provided a macroeconomic and updated strategic view regarding
current cryptocurrency market volatility in a short video, which
can be viewed on our Investor Relations website:
https://investor.galaxydigital.io/.
In this video, CEO and Founder Michael
Novogratz shared his macroeconomic views on current
cryptocurrency market conditions, and also provided an update on
Galaxy Digital's strategic view of current conditions, saying "When
you have a to-do list as long as ours at Galaxy in terms of
acquisitions, people we're hiring, businesses we're building, as
long as you have a strong balance sheet, which we do, sometimes
dislocations can play into your strength. And so, I see this as an
opportunity. We are optimistic, we are going to continue to grow,
certainly we'll monitor market conditions, but I do not see
anything out there telling me this is a time to slow down."
About Galaxy Digital
Galaxy Digital (TSX: GLXY) is a
technology-driven financial services and investment management firm
that provides institutions and direct clients with a full suite of
financial solutions spanning the digital assets ecosystem. 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
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disapproved the contents of this press release.
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CAUTION ABOUT FORWARD-LOOKING STATEMENTS
The information in this release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended (the "Securities Act"), Section 21E of the
Securities Exchange Act of 1934, as amended (the "Exchange Act")
and "forward-looking information" under Canadian securities laws
(collectively, "forward-looking statements"). Our forward looking
statements include, but are not limited to, statements regarding
our or our management team's expectations, hopes, beliefs,
intentions or strategies regarding the future. Statements that are
not historical facts, including statements about perspectives and
expectations, are forward-looking statements. In addition, any
statements that refer to estimates, projections, forecasts or other
characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. The words
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"forecast," "intend," "may," "might," "plan," "possible,"
"potential," "predict," "project," "should," "would" and similar
expressions may identify forward looking statements, but the
absence of these words does not mean that a statement is not
forward-looking. Forward-looking statements in this release may
include, for example, statements about: the macroeconomic
environment, market performance and the Company's plans with
respect to hiring, acquisitions, businesses or opportunities. The
forward-looking statements contained in this communication are
based on our current expectations and beliefs concerning future
developments and their potential effects on us taking into account
information currently available to us. There can be no assurance
that future developments affecting us will be those that we have
anticipated. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond our control) or
other assumptions that may cause actual results or performance to
be materially different from those expressed or implied by these
forward-looking statements. These risks include, but are not
limited to: (1) the possibility that the Company may be adversely
affected by other economic, business, and/or competitive factors;
(2) changes or events that impact the cryptocurrency industry,
including potential law or regulation, that are out of our control;
(3) the risk that our business will not grow in line with our
expectations or continue on its current trajectory; (4) those other
risks contained in the Annual Information Form for the year ended
December 31, 2020 available on the
Company's profile at www.sedar.com and (5) other risks and
uncertainties to be indicated from time to time in filings made
with the SEC. Should one or more of these risks or uncertainties
materialize, they could cause our actual results to differ
materially from the forward-looking statements. We are not
undertaking any obligation to update or revise any forward looking
statements whether as a result of new information, future events or
otherwise. You should not take any statement regarding past trends
or activities as a representation that the trends or activities
will continue in the future. Accordingly, you should not put undue
reliance on these statements.
Additional Disclosures
Certain statements in this communication reflect Galaxy Digital's
views, estimates, opinions or predictions (which may be based on
proprietary models and assumptions, including, in particular,
Galaxy Digital's views on the current and future market for certain
digital assets), and there is no guarantee that these views,
estimates, opinions or predictions are currently accurate or that
they will be ultimately realized. To the extent these assumptions
or models are not correct or circumstances change, the actual
performance may vary substantially from, and be less than, the
estimates included herein. None of Galaxy Digital nor any of its
affiliates, shareholders, partners, members, directors, officers,
management, employees or representatives makes any representation
or warranty, express or implied, as to the accuracy or completeness
of any of the information or any other information (whether
communicated in written or oral form) transmitted or made available
to you. Each of the aforementioned parties expressly disclaims any
and all liability relating to or resulting from the use of this
information. Certain information contained herein (including
financial information) has been obtained from published and
non-published sources. Such information has not been independently
verified by Galaxy Digital and, Galaxy Digital, does not assume
responsibility for the accuracy of such information. Affiliates of
Galaxy Digital own investments in some of the digital assets and
protocols discussed in this document.
SOURCE Galaxy Digital Holdings Ltd.