See every side of every news story
Published loading...Updated

Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher

Summary by Coin Desk
A modestly hot name since obtaining a U.S. listing on the Nasdaq a few months back, Galaxy Digital (GLXY) is seeing some selling after posting second quarter earnings on Tuesday morning.Global Markets revenue rose 28% quarter-over-quarter to $55.4 million despite a 22% decline in trading volumes, as Galaxy outperformed broader market trends, said brokerage KBW. The firm’s average loan book grew to $1.1 billion versus peer Coinbase’s (COIN) hitti…

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Tuesday, August 5, 2025.
Sources are mostly out of (0)

Similar News Topics