NEW YORK - Galaxy Digital Holdings Ltd. (TSX: GLXY) ('Galaxy') announced that its affiliate, Galaxy Asset Management, ('GAM'), reported preliminary assets under management of $2,039.5 million as of October 31, 2022.

The 4.0% increase in preliminary AUM was driven by market appreciation and net inflows.

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, London, Amsterdam, Hong Kong, Tokyo, and the Cayman Islands (reg. office).

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

(C) 2022 Electronic News Publishing, source ENP Newswire