Galaxy Digital seeks external funding for $100 million investment in cryptocurrency startups
According to Forbes’ 2024 Global Billionaires List, Galaxy Digital founder Mike Novogratz ranks 13th on the crypto rich list with a net worth of $2.5 billion. As an early Bitcoin investor, Novogratz leads the cryptocurrency investment firm, Galaxy Digital Holdings, which is listed on the Toronto Stock Exchange and manages approximately $6 billion in assets. His stake in the company is valued at around $2 billion. Prior to entering the crypto industry, Novogratz worked on Wall Street. He spent ten years at Goldman Sachs before leading the macro fund of private equity firm Fortress Investment Group, eventually becoming the company’s CEO.