Market Performance
Tokenized Assets
| Ticker | Exchange | Price | 24H | Spread | Liquidity ±2% | 24H Volume | OI | Funding | Max Leverage | Fees |
|---|
Revenue & Burn
Protocol income
$3.1KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Sep 2026 | $3.1K | -- | -- | -- |
| Aug 2026 | $3.35K | -- | -- | -- |
| Jul 2026 | $2.99K | -- | -- | -- |
| Jun 2026 | $2.64K | -- | -- | -- |
| May 2026 | $3.51K | -- | -- | -- |
| Apr 2026 | $832 | -- | -- | -- |
Comparison
Investment
Sub Organizations
GalaxyOne
One-stop investing platform integrating cash, crypto, stocks, and yield
Galaxy Interactive
Galaxy Interactive is a sector-focused venture capital firm investing in interactive entertainment. It is situated at the intersection of content, social, finance, and technology, and has been one of the most active sector-focused funds in the space. Galaxy Interactive is a part of Galaxy Digital, a publicly-listed, diversified merchant bank specializing in digital assets and blockchain technology.
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Follow Updates
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People
About Galaxy
Galaxy (Nasdaq: GLXY) is a financial services and investment management firm operating at the intersection of digital assets and AI infrastructure. Its business spans three pillars: Global Markets (institutional trading, lending, and derivatives), Asset Management (crypto funds and strategies), and Onchain/Infrastructure (blockchain networks and data centers).
Core competitiveness lies in its hybrid model. The Helios campus in Texas, originally a Bitcoin mining site, has been repurposed into AI data centers. In April 2026, Galaxy delivered the first 133MW data hall to CoreWeave under a 15-year lease, with ERCOT approving an additional 830MW—bringing total authorized capacity to over 1.6GW. This transforms Galaxy from a crypto-price-sensitive trader into an infrastructure operator with predictable, long-term contracted cash flows.
Market pain points addressed: crypto firms suffer from volatile earnings tied to token prices, while AI companies face acute power and data center shortages. Galaxy bridges both—offering institutional-grade crypto services while monetizing physical infrastructure for AI workloads.
Recent developments (Feb-Aug 2026): Q1 net loss of $216M (driven by digital asset price declines), but Q2 preliminary adjusted EBITDA turned positive at ~$90M. Helios Phase 1 (133MW) fully delivered by end-Q2, with Phase 2 (526MW) targeted for H1 2027. The company also secured 14GW pipeline expansion via new sites (Merlin, Caspian, Selene). Wall Street now values Galaxy more as an AI infrastructure play than a pure crypto firm—10 of 12 analysts rate it Buy with a $39.50 average target. However, Q1 losses highlight ongoing balance-sheet exposure to digital asset volatility.
Galaxy Digital (Nasdaq: GLXY) has evolved from a crypto merchant bank into a diversified digital asset and AI infrastructure firm. Key long-term milestones include: its 2021 NASDAQ listing, marking a transition to mainstream capital markets; the 2024 acquisition of GK8 for institutional-grade custody, strengthening its prime services; and the 2025 launch of GOFR, an institutional on-chain funding program with up to $100M in first-loss protection, expanding its lending infrastructure. In 2025, Galaxy partnered with Superstate to tokenize its own GLXY shares on Solana, becoming the first SEC-registered public equity on a major blockchain—a landmark for on-chain capital markets. The $200M share buyback approved in 2025 signaled confidence in its balance sheet. CEO Mike Novogratz's public comments on the end of crypto's speculative era reflect a strategic shift toward institutionalization. Additionally, Galaxy's $125M on-chain revenue fund with Sharplink and its growing role in large-scale digital asset flows (e.g., HYPE accumulation, ETH/SOL transfers) underscore its position as a liquidity hub bridging traditional finance and decentralized infrastructure.
Galaxy's Q2 2026 revenue was $8.55B (down 1.2% YoY), with a net loss of $85.31M and diluted EPS of -$0.09. Adjusted EBITDA loss narrowed to $77M from $188M QoQ. Data Centers turned profitable for the first time, delivering 133MW to CoreWeave and generating $20M adjusted gross profit, with expected $80M quarterly leasing revenue at >90% EBITDA margin from Q3. However, overall profitability remains sensitive to digital asset price volatility, as treasury and corporate segments recorded $42M adjusted gross loss due to unrealized losses. The improving operating businesses show promise, but sustained earnings stability depends on further data center ramp-up and market conditions.
Co-founders:
Mike Novogratz (Founder & CEO): Former co-president of Fortress Investment Group, founded Galaxy Digital in 2018 to focus on digital assets and blockchain.
Sam Englebardt (Co-founder & Partner): Previously at Fortress Investment Group, co-founded Galaxy Digital and leads venture investments.
Key executives:
Michael Daffey (Chairman): Former senior executive at Goldman Sachs, joined Galaxy as Chairman in 2020.
Christopher Ferraro (President & CIO): Former partner at Blackstone, oversees capital formation and investment strategy.
Erin Brown (COO): Previously at JPMorgan and Fortress, manages global operations.
Leon Marshall (CEO, Europe): Former senior executive at Genesis Global, leads European expansion.
Anthony Paquette (CFO): Former CFO of Galaxy Digital, responsible for financial management.
John Cahill (COO, Asia): Former senior executive at BNP Paribas, oversees Asian operations.
Matt Friedrich (Chief Legal Officer): Former general counsel at Galaxy Digital, leads legal and compliance.
Thomas Harrop (Chief Risk Officer): Former risk executive at Goldman Sachs, manages risk framework.
Robert Cornish (Chief Technology Officer): Former technology leader at major financial firms, oversees tech infrastructure.
Andrew Taubman (Deputy COO): Supports COO in operational initiatives.
Jason Urban (Managing Director): Leads trading and markets.
Rich Tavoso (Managing Director): Heads lending and derivatives.
Luka Jankovic (Managing Director, Strategy & Business Development): Drives strategic partnerships.
Patricia Ho (Managing Director, Asia & General Counsel): Manages Asia legal and business.
Ira Auerbach (Chief Product Officer, Digital Assets): Leads digital asset products.
Marc Hochstein (Vice President): Editorial lead for Galaxy's research and media.
Shai Perednik (Vice President, Architecture): Leads technical architecture.
Lior Lamesh (CEO, Israel): Heads Israel operations.
Jane Dietze (Board Member & Audit Committee): Independent director with extensive finance experience.
Bill Koutsouras (Lead Independent Director): Independent director with governance expertise.
Doug Deason (Independent Director): Investor and board member.
Leinee Hornbeck (Chief People Officer): Oversees human resources.
Recent team changes at Galaxy (Nasdaq: GLXY):
In September 2026, Galaxy appointed Taylor Reinhardt as Head of Investor Relations, reporting to CFO Tony Paquette. She succeeds Jonathan Goldowsky, who transitioned to Co-Head of Europe. Reinhardt previously worked at Perella Weinberg and Apollo, and will help investors understand Galaxy's dual focus on digital assets and AI infrastructure .
In April 2026, Shai Perednik joined as VP, Architect.
Former CMO Sebastian Benkert departed in March 2026; he had joined in March 2022.