Galaxy Digital earnings report: everything even better than expected

Galaxy Digital has doubled down on efforts to bridge the worlds of institutional finance and crypto by acquiring two specialized cryptocurrency trading firms and expanding its trading volumes.

Galaxy Digital, the crypto merchant bank headed by noted crypto evangelist Mike Novogratz, reported net income of $44.3 million in the third quarter of 2020, up from a loss of $68.2 million in the year-ago period.



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