Billionaire Backed Bitcoin Bank Galaxy Digital Now Trading on Toronto Stock Exchange

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Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. Many eyes are watching to see what will become of the relationship between legacy financial institutions and digital assets.


Galaxy Digital Trades, a Bitcoin Merchant Bank, Now Trades on TSX Venture Exchange


Famed billionaire investor Mike Novogratz explained, “If I knew what I know now, knew the crypto markets were going to swoon as much, and it was going to take so long, I might have stayed private for another year or so and then gone public, but I don’t think it’s a mistake,” Galaxy Digital’s CEO.

Crypto markets have been unkind to any investor who might’ve jumped-in during late 2017. His interview otherwise ought to have been triumphant, representing one of the earliest cryptocurrency-oriented merchant banks to be listed formally on a major stock exchange. He was in Toronto for just that purpose: Galaxy Digital is now trading on a world ranked, top ten, board, the Toronto Stock Exchange (TSX).

https://news.bitcoin.com/bitcoin-merchant-bank-galaxy-trading-on-major-stock-exchange/

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