Galaxy Digital Holdings Ltd. (TSX: GLXY) ('Galaxy') announced that its affiliate, Galaxy Asset Management, ('GAM'), reported preliminary assets under management of $1,825.6 million as of December 31, 2022.

The 4.2% decrease in preliminary AUM was driven by market depreciation and net outflows.

AUM for committed capital closed-end vehicles that have completed their investment period is reported as NAV. AUM for quarterly close vehicles is reported as of the most recent quarter available for the applicable period.

About Galaxy

Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing institutions, startups, and qualified individuals access to the crypto economy. Our full suite of financial services is custom-made for a digitally native ecosystem, spanning multiple synergistic business lines: Trading, Asset Management, Investment Banking, Mining, and Ventures. Galaxy's CEO and Founder Michael Novogratz leads a team of crypto enthusiasts and institutional veterans working together on a mission to engineer a new economic paradigm. The Company is headquartered in New York City, with offices in Chicago, New Jersey, Texas, London, Amsterdam, Hong Kong, Tokyo, and the Cayman Islands (reg. office).

Contact:

Email: investor.relations@galaxy.com

(C) 2023 Electronic News Publishing, source ENP Newswire