Mike Novogratz’s Galaxy Receives New York BitLicense for Institutional Crypto Push
The approval gives hedge funds, registered investment advisers and family offices access to Galaxy’s trading and custody services, backed by about $9 billion in client assets.
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Mike Novogratz's Galaxy Lands Bitlicense to Serve New York Hedge Funds and RIAs
Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset services to institutions across New York State. Galaxy Scores New York’s Bitlicense Galaxyone Prime NY, the Galaxy entity designated to serve New York clients, received […]
Galaxy secures New York BitLicense to expand institutional crypto services
Galaxy secured NYDFS approval to offer regulated crypto services in New York as GLXY shares fell 7% Monday afternoon. The post Galaxy secures New York BitLicense to expand institutional crypto services appeared first on Crypto Briefing.
Galaxy Lands Major Regulatory Win, Granted Money Transmission License - Galaxy Digital (NASDAQ:GLXY)
Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) secured a major regulatory win on Monday as the New York State Department of Financial Services granted the firm a BitLicense and Money Transmission License. Why The License Matters The license will expand Galaxy’s ability to serve institutional crypto clients in one of the industry’s most tightly regulated markets. The approval allows GalaxyOne Prime NY to offer regulated digital asset trading and cust…
Galaxy Digital Breaks Into New York With BitLicense Approval
Summary: Galaxy received both a BitLicense and Money Transmitter License. The firm now gains direct access to New York-based institutional […] The post Galaxy Digital Breaks Into New York With BitLicense Approval appeared first on CoinsPress.
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