Novogratz: US Faces “Existential Crisis” if it Cannot Produce a Digital Currency

Mike Novogratz, a billionaire businessman, believes that the United States would be at a strategic disadvantage if it does not develop a digital currency quickly. He clarified that such a change will be especially necessary now that China has launched…

Novogratz’s Galaxy Digital Pulls in $32 Million for Ethereum Funds

After Monday’s filings to the U.S. Securities and Exchange Commission, Galaxy Digital’s institutional ETH funds have collected over $32 million in investment. The little-known but well-off investors of the Cayman-based funds have found their way into the pool early stages…

Mike Novogratz’s Galaxy Digital to Start Ethereum Funds

Galaxy Digital, the blockchain investment company masterminded by Mike Novogratz, is introducing new funds based on Ethereum. The Galaxy Ethereum Fund would include exposure to Ether (ETH), the native cryptocurrency of the Ethereum network, together with two other funds targeted…

Mike Novogratz has 50 percent of net worth in crypto, supports up to 5 percent for investors

Mike Novogratz, a billionaire businessman, stated on Tuesday (December 8) why he thinks that institutional participation in Bitcoin can only grow and how much crypto exposure potential entrants should have. Former hedge fund manager Novogratz is the founder and CEO…