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Galaxy Digital Appoints Ex-Goldman Sachs Executive as Chairman

Mike Novogratz will remain as CEO as the firm plans for a U.S. stock offering later in the year.

Galaxy Digital named former Goldman Sachs executive Michael Daffey as its chairman.

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  • The appointment, announced Friday, is in preparation for the firm’s U.S. public stock offering.
  • The investment management firm currently trades on the Toronto Stock Exchange.
  • Mike Novogratz, who will remain as CEO, said in March that the company will list in the U.S. in the second half of the year.
  • Daffey was most recently chairman of Goldman Sachs’ global market division, with his retirement announced in March.
  • He also recently bought a $51 million New York City mansion previously belonging to convicted sex criminal Jeffrey Epstein.

See also: Galaxy Digital Files for US Bitcoin ETF

Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley