NEW YORK, Dec. 3, 2018 /CNW/ - Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX) ("Galaxy Digital" or the "Company"), a diversified, multi-service merchant bank dedicated to the digital assets and blockchain technology industry, today announced that Ian Taylor has joined the Company as Head of Advisory Services. In this role, Mr. Taylor will be responsible for further developing and building out an institutional-quality advisory team spanning general corporate advisory, capital raising services and mergers and acquisitions.
Mike Novogratz, Founder and CEO of Galaxy Digital, said, "The advisory side of the digital asset marketplace has significantly evolved over the past year. Blockchain technology companies are becoming larger and more sophisticated, with their needs developing accordingly. In addition, the opportunity to apply digital wrappers to a broader array of financings is becoming apparent. Ian's pedigree, background and proven track record of advising leading corporate and institutional clients in markets globally perfectly complements our strategy to bring the highest quality advice to our clients."
Prior to joining Galaxy Digital, Mr. Taylor spent over 18 years at Goldman Sachs where he held a variety of positions with increasing responsibility spanning global capital markets. He has extensive experience leading teams in the United States, Canada, and Latin America and has deep expertise advising large-cap corporate, private equity, sovereign wealth and government clients, as well as institutional, family office and high net worth investors.
"I am excited to join Mike and the entire team at Galaxy Digital," Mr. Taylor said. "This is a pivotal time in the development of the digital assets and blockchain technology industry, and the opportunities ahead are plentiful. I am confident that the team that Mike has assembled, and the platform that Galaxy Digital has established in a relatively short timeframe positions it to become the preeminent advisor in the sector. I look forward to working with our team and business partners to execute our strategy."
About Galaxy Digital
Galaxy Digital is a diversified, multi-service merchant bank dedicated to the digital assets and blockchain technology industry. Galaxy Digital's team has extensive experience spanning investing, portfolio management, capital markets, operations, asset management, and blockchain technology. Galaxy Digital currently operates four distinct business lines, which include: Trading, Asset Management, Principal Investments and Advisory Services. Galaxy Digital's CEO and Founder is Michael Novogratz. The Company is headquartered in New York City, with offices in 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.
The TSXV has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release, including those relating to the advisory services business, may constitute forward looking information (collectively, 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 similar variations. Because of various risks and uncertainties, including those relating to market conditions, regulatory developments and those referenced below, actual events or results 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 are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement.
SOURCE Galaxy Digital Holdings Ltd.
For further information: please contact: Galaxy Digital, Fiona Choi, Head of Investor Relations & Corporate Communications, Email: [email protected], Tel: 212.390.9194; Prosek, Mike Geller, Managing Director, Email: [email protected], Tel: 212.279.3115