Novgratz-Led Cryptocurrency Bank Lost More than $130 Million in Q1 Author: Josiah Wilmoth Last Updated: 26 July 2018 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
