Galaxy HQ

Introduction

Galaxy Digital Inc. (NASDAQ/TSX: GLXY) is a global leader in digital assets and data center infrastructure, bridging traditional finance with the digital economy while accelerating advancements in finance and artificial intelligence (AI).

Founded in 2018 by Michael Novogratz, a former Goldman Sachs partner and Fortress Investment Group co-founder, the company provides institutional-grade solutions including trading, asset management, staking, self-custody, tokenization, advisory, and investment banking services.

It operates through three main segments: Digital Assets (trading, lending, asset management), Data Centers (AI and high-performance computing infrastructure), and Treasury & Corporate.

Headquartered in New York with offices across North America, Europe, the Middle East, and Asia, Galaxy manages over $4.3 billion in assets under management (AUM) as of August 2025 and holds a significant Bitcoin treasury of approximately 6,894 BTC.

The firm positions itself as a diversified financial services provider in the blockchain and crypto space, with a growing emphasis on AI data centers to meet surging demand for scalable compute solutions.

Recent Developments

• Filed S-4 for Nasdaq listing; approved May 9 shareholder vote; Q1 results showed $295M loss but strong AUM growth.
• Nasdaq debut (May 16, +6% open); Fidelity partnership for BTC/ETH funds.
• $175M stablecoin fund launch; Helios Phase I progress; Q2 EBITDA $211M on $8.7B revenue (crypto appreciation + trading); AUM $4.6B.
• Appointed CLO Matt Friedrich; $1.4B Helios financing; GK8 Solana DeFi expansion; AUM $4.3B.
• Tokenized GLXY shares on Solana (Sep 3, first SEC-registered public equity on-chain; 32K shares tokenized, +3.77% stock pop); co-led $1.65B Solana treasury PIPE (SOL +6%); director sold $1.65M shares; SEC/CFTC spot trading clarity.

How Galaxy is Contributing to DoubleZero

Galaxy supports DoubleZero as both investors and infrastructure contributors. As one of the largest Solana validators and a leader in blockchain infrastructure, Galaxy brings deep expertise in low-latency systems and is now helping expand the DoubleZero network by deploying dedicated fiber connections across key regions.

Their contribution supports our shared belief: that scaling blockchains, and the real-time applications they enable, requires optimization all the way down to the physical layer. Galaxy joins a growing ecosystem of partners building a faster, more deterministic internet for systems that can’t wait.