Michael Novogratz founded Galaxy Digital to bridge traditional finance with blockchain, pioneering institutional adoption of cryptocurrency. Despite challenges, Novogratz remains a key figure in the crypto world, advocating for Bitcoin ETFs and digital asset innovation. Michael Novogratz, CEO of Galaxy Digital, has emerged as a key figure in the crypto industry. His career path, from…
đ Stay Ahead with AltcoinDaily.co! đ State Street Global Advisors (SSGA), a renowned asset manager with a $4.1 trillion portfolio, and Galaxy Digital, a crypto investment firm, have introduced three new crypto-linked exchange-traded funds (ETFs). According to the announcement, the launch of these ETFs reflects a continued belief in the long-term potential of digital assets,…
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin….
Rhodium Encore has received court approval to pursue a loan from Galaxy Digital. Galaxy Digital offers a 14.5% interest rate for a USD loan or a 9.5% rate for a BTC loan. Rhodium Encore LLC, a Bitcoin mining firm based in Texas, has received court approval to pursue a financing plan during its Chapter 11…