NEW YORK - Galaxy Digital Holdings Ltd. (TSX: GLXY) ('Galaxy') announced that its affiliate, Galaxy Asset Management, ('GAM'), reported preliminary assets under management of $7.8 billion as of March 31, 2024.

The 23.3% decrease in preliminary AUM compared to the prior month was primarily driven by the liquidation of assets associated with an ongoing opportunistic mandate, partially offset by market appreciation.

About Galaxy

Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York City, with global offices across North America, Europe, and Asia.

Additional information about Galaxy's businesses and products is available on www.galaxy.com

Disclaimers

GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange ('TSX'). The TSX has not approved or disapproved of the information contained herein.

Contact:

Email: investor.relations@galaxy.com

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