The firm’s asset-management chief says the recent crypto selloff reflects healthy deleveraging, while infrastructure growth and institutional adoption support a bullish outlook.
Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook
The firm's asset-management chief says the recent crypto selloff reflects healthy deleveraging, while infrastructure growth and institutional adoption support a bullish outlook.
Shares:
Tokenization of equities is gaining steam, with several crypto exchanges moving towards offering on-chain stock trading on their platforms.
The memecoin market, once pitched as a "fair launch" opportunity for traders, has been exposed as a rigged game, Carter said.
The company plans to sell 20.3 million ordinary shares at $28-$31 per share.
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.