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Galaxy Digital Holdings ( (TSE:GLXY) ) has issued an update.
Galaxy Asset Management, a part of Galaxy Digital Holdings, announced a preliminary assets under management (AUM) of $5.7 billion as of December 31, 2024, marking a 6.5% decrease from the prior month due to market depreciation and net outflows from its Passive Funds. The company also stated that AUM figures would now be published quarterly instead of monthly, aligning with Galaxy’s earnings releases, which may impact stakeholders’ access to timely financial data.
More about Galaxy Digital Holdings
Galaxy Digital Holdings Ltd. is a leader in the digital asset and blockchain industry, providing a wide range of services including trading, lending, and strategic advisory services. The company offers institutional-grade investment solutions and is involved in bitcoin mining, hosting services, and developing enterprise custodial technology. Headquartered in New York City, Galaxy serves a diverse client base globally with offices across North America, Europe, and Asia.
YTD Price Performance: 14.62%
Average Trading Volume: 203,643
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.37B
See more insights into GLXY stock on TipRanks’ Stock Analysis page.
