Largest Wall Street Crypto Company Lost $134 Million in Q1 2018

Galaxy Digital — a full-service digital assets merchant bank started by ex-Goldman Sachs macro dealer Michael Novogratz — took a financial beating in the first financial quarter of 2018.  Rekt… The New York-based cryptocurrency-focused merchant bank revealed its financial report for the first time , and also the consequences weren’t good. According to CNBC, Galaxy Digital obtained “a net loss of $103.3 million on trading, together with $13.5 million on electronic resources and an additional $85.5 million
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