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Galaxy Asset Management: April 2024 Month End AUM

Newswire.ca - Thu May 23, 4:00PM CDT

NEW YORK, May 23, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $5.7 billion as of April 30, 2024. The 27.3% decrease in preliminary AUM compared to the prior month was primarily driven by the continued successful liquidation of assets associated with an ongoing opportunistic mandate and market depreciation.

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