Michael Novogratz (right) – founder of the cryptocurrency bank Digital Galaxy, which is raising at least US$250 million for a credit fund to offer loans to cryptocurrency firms – with Michael Oved, co-founder of AirSwap, a peer-to-peer trading network. Photo: Twitter

Galaxy Digital plans to raise US$250 million for loans to cryptocurrency companies

The digital bank, founded by Michael Novogratz, a former Goldman Sachs partner, will reportedly close the first round of fundraising in March

Topic |   Bitcoin

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Michael Novogratz (right) – founder of the cryptocurrency bank Digital Galaxy, which is raising at least US$250 million for a credit fund to offer loans to cryptocurrency firms – with Michael Oved, co-founder of AirSwap, a peer-to-peer trading network. Photo: Twitter
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