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Galaxy Acquires Blue Fire Capital

Galaxy Digital Expands Global Crypto Trading Business with Acquisitions of DrawBridge Lending and Blue Fire Capital

Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy Digital” or the “Company”) today announced that it has acquired two leading cryptocurrency trading firms: DrawBridge Lending (“DrawBridge”), an innovator in digital asset lending, borrowing, and structured products, and Blue Fire Capital (“Blue Fire”), a proprietary trading firm specializing in market-making and two-sided liquidity for digital assets. DrawBridge and Blue Fire are both pioneers in applying their teams’ institutional expertise in traditional lending, structured products, futures, and market-making to the rapidly growing cryptocurrency derivatives and lending space.