Cryptocurrency
Novogratz’s Crypto Bank Makes Belated Debut After Bitcoin Plunge via @bloomberg
As reported by Bloomberg, “Mike Novogratz is past the point of no return. “Two days from now, his cryptocurrency-focused merchant bank, Galaxy Digital LP, will start trading on Toronto’s TSX Venture Exchange. It should be a triumphant moment for the former Goldman Sachs Group Inc. partner and a milestone for the industry, yet Novogratz is having […]
As reported by Bloomberg, “Mike Novogratz is past the point of no return.
“Two days from now, his cryptocurrency-focused merchant bank, Galaxy Digital LP, will start trading on Toronto’s TSX Venture Exchange. It should be a triumphant moment for the former Goldman Sachs Group Inc. partner and a milestone for the industry, yet Novogratz is having second thoughts. He reflects on the ‘frustrating’ demands of Canadian regulators that dragged out Galaxy’s listing for months and trapped his investors as Bitcoin collapsed and crypto fever cooled.”