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Financial services giant Goldman Sachs has been offering clients exposure to ETH through Galaxy Digital’s Ethereum Fund according to a new Securities and Exchange Commission filing.Goldman Sachs clients keen on spot exposure to Ethereum (ETH) have been offered space in Galaxy’s ETH Fund. This strategy became apparent in a Mar.
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Marathon Digital (MARA), one of the largest publicly traded bitcoin miners in North America, reported fourth-quarter revenue of $60.3 million, an increase of 17% from the previous quarter but slightly below analysts' average estimate of $60.9 million, according to FactSet data. Original Source
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Voyager Digital’s estimated revenue for the quarter ended Dec. 31, 2021, was $165 million, more than double the $81.5 million figure of the previous quarter.The total revenue for the calendar year 2021 is estimated to be $415 million, the crypto exchange announced on Wednesday.Additionally, Voyager’s net new deposits for the
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BusinessThe deal, announced a week ago giving few details, is for 78,000 machines to be delivered in second-half 2022.By Tanzeel AkhtarDec 29, 2021 at 10:55 a.m. UTCUpdated Dec 29, 2021 at 10:55 a.m. UTCA bitcoin mining farm. (Marko Ahtisaari/Flickr) Original Source
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Marathon’s fleet consists of 31,000 active miners producing approximately 3.2 exahashes per second (EH/s). The company received another 15,520 top-tier ASIC miners from Bitmain last month. So far this year it’s taken delivery of 56,826 miners, with another 8,477 on the way. Source
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Galaxy Digital’s assets under management (AUM) grew to over $3.1 billion in October from $2.2 billion in September, with its Ether-focused exchange-traded fund (ETF) cited as one of the main driving forces.The Mike Novogratz-led asset manager reported the preliminary AUM figure on Wednesday.Compared to the equivalent figure in 2020, the
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Galaxy Digital re-stocked its crypto-culture war chest earlier this year with a $325 million venture fund focused on digital entertainment.The fund, from Galaxy Interactive, which scouts gaming and arts startups for Mike Novogratz’s crypto conglomerate, has been investing in projects such as Art Blocks for months now, General Partner Sam
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Mike Novogratz’s crypto investment firm Galaxy Digital Holdings has posted a second-quarter loss of $175.8 million. The figure provides a stark contrast to the firm’s first-quarter report that booked $860 million in comprehensive net profit earlier this year. Galaxy Digital posted its financial results as of June 30 on Monday,
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Prominent British banker Jacob Rothschild's investment firm Rothschild Investment Trust (RIT) Capital Partners partnered with New York-based Liberty City Ventures to lead pre-A funding for Aspen Digital, a crypto asset investment platform.According to the official announcement, the funding round ended up raising $8.8 million to help the Hong Kong-based company
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Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading volumes, reaching approximately $1.4 billion. The increase was attributed to an expanding counterparty base,
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