Novgratz-Led Cryptocurrency Bank Lost More than $130 Million in Q1 ByJosiah WilmothPRO INVESTOR Updated: 19 August 2021 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. To say that Galaxy Digital, the cryptocurrency merchant bank founded by billionaire hedge fund manager Mike Novogratz, had a disappointing first quarter would be an understatement. The firm, billed as the “Goldman Sachs of Crypto,” lost more than $130 million during the first three months of the year, a product of a bear market that The post Novgratz-Led Cryptocurrency Bank Lost More than $130 Million in Q1 appeared first on CCN
