Review of Galaxy Digital Holdings

JUL 16, 2024 - GLXY operates in the nascent and growing digital assets and blockchain space, which is known for its significant levels of volatility. Although, the company has demonstrated its ability to compete and grow in a difficult market environment, as well as show innovation in growing its lines of business. With the potential for a continued rise in interest in the crypto industry, we feel GLXY is in an industry-leading position to benefit from a growing interest. We are initiating coverage at a ‘B’.