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LONDON, Oct. 16, 2018 /CNW/ - Galaxy Digital Holdings
Ltd. (TSXV: GLXY) ("Galaxy Digital" or the "Company"), a
diversified, multi-service merchant bank dedicated to the digital
assets and blockchain technology industry, is pleased to announce
that the Company's shares have been accepted for trading on the
Frankfurt Stock Exchange under the trading symbol 7LX (WKN: A2JRV8,
ISIN: KYG370921069).
With this listing, Galaxy Digital's common shares are now
dual-listed on the TSX Venture Exchange and the Frankfurt Stock
Exchange, one of the largest stock exchanges in the world by market
capitalization. The Company's listing is an integral part of Galaxy
Digital's efforts to increase shareholder value while
simultaneously positioning the Company for expansion into the
European markets, and further establishing corporate awareness and
brand recognition as it continues to execute against its long-term
strategic plan of building a world-class firm.
Michael Novogratz, CEO and
Founder of Galaxy Digital, said, "Our listing on the Frankfurt
Stock Exchange is in direct response to the interest generated from
European investors in our Company, and their growing demand for
exposure to digital assets and broader blockchain technology.
We remain focused on scaling our core businesses and identifying
unique and strategic opportunities to further expand our global
footprint."
About Galaxy Digital
Galaxy Digital is a diversified, multi-service merchant bank
dedicated to the digital assets and blockchain technology industry.
Galaxy Digital's multi-disciplinary team has extensive experience
spanning investing, portfolio management, capital markets,
operations, and blockchain technology. Galaxy Digital currently
operates four distinct business lines, which include: Trading
(arbitrage, macro, market making/OTC), Asset Management (management
of external capital across passive and ecosystem funds), Principal
Investing (private equity, venture, public equity, ICO investments,
Pre-ICO investments, and liquid and illiquid cryptocurrencies), and
Advisory (capital markets, M&A/restructuring, and technical
consulting services to both start-ups and established
institutions). Galaxy Digital's CEO and Founder is Michael Novogratz. The Company is headquartered
in New York City, with offices in
Tokyo, Hong Kong, London, Vancouver, the Cayman Islands (registered office) and
New Jersey. Additional information
about Galaxy Digital is available on www.galaxydigital.io.
Disclaimers
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this press release.
Certain information in this press release may constitute
forward-looking statements, which can be identified by the use of
terms such as "may," "will," "should," "expect," "anticipate,"
"project," "estimate," "intend," "continue" or "believe" (or the
negatives) or other variations. Because of various risks and
uncertainties, including those referenced below, actual events or
outcomes may differ materially from those reflected or contemplated
in such forward-looking statements. As a result, you should not
rely on such forward-looking statements. Additional information
identifying assumptions, risks and uncertainties relating to Galaxy
Digital is contained in Galaxy Digital's filings with the Canadian
securities regulators available
at www.sedar.com. These risks include those
discussed in the risk factors section in the Notice of Annual and
Special Meeting of Shareholders and Management Information Circular
dated May 14, 2018. The forward-looking statements in this
press release are applicable only as of the date of this press
release and the Company does not undertake any obligation to
update any forward-looking statements.
SOURCE Galaxy Digital Holdings Ltd.