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Galaxy Expands Blockchain Infrastructure Capabilities with Asset Acquisition of CryptoManufaktur

Newswire.ca - Fri Jul 19, 7:50AM CDT

Acquisition of Assets of Established Node Operator Bolsters Galaxy's Staking Capabilities and Scales Assets Under Stake1 to $3.3 Billion

NEW YORK, July 19, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) today announced that it has acquired substantially all of the assets of CryptoManufaktur LLC ("CMF"), a blockchain node operator that provides trusted, secure services to decentralized protocols across the digital asset ecosystem. As part of the transaction, CMF's seasoned three-person engineering team, led by founder Thorsten Behrens, will join Galaxy's Blockchain Infrastructure team, which provides staking and validator services to qualified investors, protocols, and digital asset platforms.

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