Mike Novogratz’ Crypto Merchant Bank Lost $134 Million in its First Quarter ByRachel McIntoshPRO INVESTOR Updated: 27 July 2018 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Novogratz says he is still “proud” of the progress Galaxy Digital has made this year.