Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher
Main Idea
The content provided does not contain any article or substantive information to summarize.
Key Points
Description
A modestly hot name since obtaining a U.S. listing on the Nasdaq a few months back, Galaxy Digital (GLXY) is seeing some selling after posting second quarter earnings on Tuesday morning. Global Markets revenue rose 28% quarter-over-quarter to $55.4 million despite a 22% decline in trading volumes, as Galaxy outperformed broader market trends, said brokerage KBW. The firm’s average loan book grew to $1.1 billion versus peer Coinbase’s (COIN) hitting $879 million. Assets on Galaxy’s platform rose ...
$BTC
$113188.7
-2.12%
Latest News
- NEAR Plunges 5% Before Staging Sharp Recovery Rally2025-08-05 16:54:46
- Worried About Timing the Bitcoin Market? A 'Lookback Call' Might Be the Answer2025-08-05 15:10:33
- Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher2025-08-05 15:07:10
- FinCEN Warns Financial Institutions of Crypto Kiosk Scams2025-08-05 14:37:26
- Solana's Jito Proposes Routing 100% of Block Engine Fees to DAO Treasury2025-08-05 14:33:59