Galaxy Digital Holdings Ltd. (TSX: GLXY) ('Galaxy Digital') announced that its affiliate, Galaxy Digital Asset Management ('GDAM') reported preliminary assets under management of $1,051.9 million as of February 28, 2021.

About Galaxy Digital Asset Management

Galaxy Digital Asset Management is a diversified asset management firm dedicated to the digital assets and blockchain technology industry. GDAM operates under the legal entity Galaxy Digital Capital Management LP, an SEC registered investment advisor. The firm manages capital on behalf of external clients in two distinct business lines: Galaxy Fund Management and Galaxy Interactive. GDAM's multidisciplinary team has deep experience across active and passive portfolio management, capital markets, operations, and blockchain technology. GDAM is a subsidiary of Galaxy Digital, which was founded by Michael Novogratz, a former Principal and Chief Investment Officer of the Fortress Macro Funds, and a former Partner at Goldman Sachs.

About Galaxy Digital

Galaxy Digital is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors. Galaxy Digital's team has extensive experience spanning investing, portfolio management, capital markets, venture capital, asset management, and blockchain technology. Galaxy Digital operates in the following businesses: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital's CEO and Founder is Mike Novogratz. The Company is headquartered in New York City, with offices in Chicago, San Francisco, London, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey. Additional information about the Company's businesses and products is available on www.galaxydigital.io.

Contact:

Tel: 212.390.9216

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