Galaxy Digital: Traditional Finance Meets Digital Finance

Brett Rodway
219 Followers

Summary

  • Galaxy Digital offers great diversification of crypto-based assets.
  • The array of operations sets Galaxy Digital up for long-term success within the market.
  • The Bitgo acquisition, which is set to close in Q1, may be a market catalyst.
  • Fair value of $32.62.

Bitcoin cryptocurrency stock market exchange chart. Bank market and virtual crypto currency value 3D graph

Violka08/iStock via Getty Images

Founded by ex-hedge fund manager Mike Novogratz, Galaxy Digital (OTCPK:BRPHF) is a bridge between traditional finance and digital finance. Galaxy Digital’s operations are more complex and diversified when compared to many other crypto based companies. Galaxy

This article was written by

219 Followers
I take a holistic view of investing, with a top down approach looking for value deviations. Heavily interest in technology, but look for value anywhere!CFA level II candidate, holding a BBA in Accounting and Finance .

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BRPHF, BITF, BTC-USD, ETH-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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