NEW
YORK and LONDON,
Sept. 21,
2023 /CNW/ - Galaxy Digital Holdings
Ltd (TSX: GLXY) ("Galaxy"), a financial services and
investment management innovator in the digital asset and blockchain
technology sectors, today announced that Leon Marshall has been named Chief Executive
Officer of Europe. In this newly
formed role, Mr. Marshall will be responsible for overseeing
Galaxy's continued European expansion across all business lines, as
well as managing operations and key client relationships in the
region.
"We are thrilled to name Leon as the CEO of Europe, a region that is critically important
to our growth strategy," said Michael
Novogratz, Founder and Chief Executive Officer of Galaxy.
"Leon's tremendous leadership skills and strong track record of
developing and scaling digital asset products for European
institutional investors will be invaluable to us as we continue to
scale our operations in the U.K. and continental Europe aggressively."
Mr. Marshall joined Galaxy in June as Global Head of Sales,
bringing two decades of experience spanning digital assets and
traditional finance. Mr. Marshall, who will continue to serve as
Galaxy's Global Head of Sales as part of his expanded role, has
been shaping our sales force into a more unified team that spans
three continents, bolstering the firm's ability to capture client
flow.
Prior to joining Galaxy, Mr. Marshall served as Managing
Director and Global Head of Sales at Genesis for more than four
years, overseeing the firm's global business development and sales
initiatives. Mr. Marshall previously spent a decade as a portfolio
manager specializing in the energy and metal markets at firms
including Trafigura and Apollo Global Management. He began his
career as a commodities derivatives trader at UBS. Mr. Marshall
holds a BA in Philosophy, Politics, and Economics from the
University of Oxford and an MBA from
London Business School.
"I am deeply honored to take on this additional responsibility
of leading Galaxy's European operations as we continue to drive
adoption and growth in one of the fastest-growing digital asset
markets in the world," said Mr. Marshall. "Galaxy has firmly
established itself as the world's pre-eminent digital asset
financial services platform, thanks to its innovative
institutional-grade investment solutions and deep bench of talented
and experienced professionals. I have the utmost confidence that we
are well-positioned to remain at the forefront of the digital asset
space for years to come and can't wait to continue to work with the
team to develop and deliver investor-friendly, regulatory-compliant
products."
Mr. Marshall's appointment to CEO of Europe follows the firm's strategic alliance
with DWS, one of the leading asset managers in Europe, to develop a comprehensive suite of
digital asset exchange-traded products (ETPs) in Europe.
About Galaxy
Galaxy (TSX: GLXY) is a digital asset and blockchain leader
providing access to
the growing digital economy. We serve a diversified client base,
including institutions, startups, and qualified individuals. Since
2018, Galaxy has been building a holistic financial platform
spanning three complementary operating businesses: Global Markets,
Asset Management, and Digital Infrastructure Solutions. Our
offerings include, amongst others, trading, lending, strategic
advisory services, institutional-grade investment solutions,
proprietary bitcoin mining and hosting services,
network validator services, and the development of enterprise
custodial technology. The company is headquartered in New York City, with offices across
North America, Europe, and Asia.
Additional information about the Company's businesses and
products is available on www.galaxy.com.
Disclaimers
The TSX has neither approved nor disapproved the contents of
this press release.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking information and
forward-looking statements, as defined in applicable securities
laws (collectively referred to herein as "forward-looking
statements"). These forward-looking statements relate to the
Company's growth strategy, plans and strategic alliance with DWS.
All statements other than statements of historical fact are
forward-looking statements. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans",
"expects", "budget", "scheduled", "estimates", "continues",
"forecasts", "projects", "predicts", "intends", "anticipates" or
"believes", "seeks" or variations of, or the negatives of, such
words and phrases, or state that certain actions, events or results
"may", "could", "would", "should", "might" or "will" be taken,
occur or be achieved. The forward-looking statements contained in
this release are based on our current expectations and beliefs
concerning future developments and their potential effects on us
taking into account information currently available to us. There
can be no assurance that future developments affecting us will be
those that we have anticipated. Forward-looking statements involve
known and unknown risks uncertainties and other factors that may
cause actual results to differ materially from those anticipated in
such forward-looking statements. Inherent in forward-looking
statements are risks, uncertainties and other factors beyond the
Company's ability to predict or control. Forward-looking statements
are subject to the risk that the Alliance, solutions or products do
not perform as anticipated. They are also subject to the risks
described in the Risk Factors section of the Annual Information
Form ("AIF") dated March 28, 2023 of
Galaxy Digital Holdings Ltd. Factors that could cause outcomes to
differ materially from those described in such forward-looking
statements include, but are not limited to, global regulatory
developments; a decline in the digital asset market or general
economic conditions; a delay or failure in developing digital asset
solutions and products; and changes in applicable law or
regulation. Readers are cautioned that such risk factors,
uncertainties and other factors are not exhaustive. Actual results
and developments are likely to differ, and may differ materially,
from those expressed or implied by the forward-looking statements
in this release. The forward-looking statements in this release are
applicable only as of the date of this release or as of the date
specified in the relevant forward-looking statement and the Company
does not intend, and does not assume any obligation, to update
these forward-looking statements, except as required by applicable
securities laws. Investors are cautioned that forward-looking
statements are not guarantees of future performance and are
inherently uncertain. Accordingly, investors are cautioned not to
put undue reliance on forward-looking statements.
SOURCE Galaxy Digital Holdings Ltd.