Galaxy Digital Holdings Ltd. (BRPHF) CEO Mike Novogratz on Q1 2022 Results - Earnings Call Transcript

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Galaxy Digital Holdings Ltd. (OTCPK:BRPHF) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET

Company Participants

Mike Novogratz - Founder & Chief Executive Officer
Damien Vanderwilt - Co-President & Head, Global Markets
Chris Ferraro - Co-President & Chief Investment Officer
Alexander Ioffe - Chief Financial Officer
Elsa Ballard – Investor Relations

Conference Call Participants

Deepak Kaushal - BMO Capital Markets
Chris Allen - Compass Point
Devin Ryan - JMP Securities
Owen Lau - Oppenheimer
Mark Palmer - BTIG
Jamie Friedman - Susquehanna
Rich Repetto - Piper Sandler

Operator

Good morning, and welcome to Galaxy Digital’s First Quarter 2022 Earnings Call. Today’s call is being recorded.

At this time, I would like to turn the conference over to Galaxy’s Investor Relations Team. Please go ahead. You may begin.

Elsa Ballard

Good morning and welcome to Galaxy Digital’s First Quarter Earnings Call.

Before we begin, please note that our remarks today may include forward-looking statements. Actual results may differ materially from those indicated or implied by our forward-looking statements as a result of various factors including those identified in our filings with the Canadian Securities Regulatory Authorities on SEDAR and available on our website or filings we may make other securities regulators.

Forward-looking statements speak only as of today and will not be updated. In addition, none of the information on this call constitutes a recommendation, solicitation or offer by Galaxy Digital or its affiliates to buy or sell any securities including Galaxy Digital securities.

With that, I'll now turn it over to Mike Novogratz, Founder and CEO of Galaxy Digital.

Mike Novogratz

Hi, good morning, everyone. It is a literally gorgeous morning here in New York City, which is exactly the opposite of what the markets feel like. You know we've been talking this whole year about macro headwinds and institutional adoption tailwinds to

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