Galaxy Digital Holdings (TSE:GLXY) has released an update.
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Galaxy Digital Holdings’ asset management division reported a decrease in assets under management (AUM) to $4.3 billion at the end of August 2024, which represents an 8.8% drop due to market depreciation, slightly mitigated by new fund inflows and active management initiatives. Despite the downtrend, the firm remains a key player in digital assets and blockchain services, catering to a diverse clientele since 2018.
For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.
