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Galaxy Digital Reports Dip in March AUM

Galaxy Digital Reports Dip in March AUM

Galaxy Digital Holdings (TSE:GLXY) has released an update.

Galaxy Digital Holdings Ltd. has reported a significant 23.3% drop in assets under management (AUM) to $7.8 billion as of March 2024, attributed mainly to the liquidation of certain assets, despite some gains from market appreciation. The diversified digital asset and blockchain company caters to a range of clients, offering services like trading, lending, and investment solutions. The fluctuation in AUM reflects the company’s active management strategies and market conditions.

For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.

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