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VisitGalaxy Digital Acquires $1 Billion in Ethereum Assets from CryptoManufaktur to Expand Staking Portfolio
Jul 19, 2024, 12:05 PM
Galaxy Digital has acquired approximately $1 billion worth of Ethereum assets from blockchain node operator CryptoManufaktur. The acquisition is aimed at expanding Galaxy's staking portfolio and includes nearly all of CryptoManufaktur's Ethereum assets. This strategic move comes as Galaxy prepares for the launch of an Ethereum ETF. The acquisition also brings top-tier staking infrastructure talent to Galaxy, enhancing its capabilities in the crypto space, according to CoinDesk.
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Markets
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Yes • 50%
Cryptocurrency exchanges, financial news outlets
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No • 50%
SEC filings, Galaxy Digital press releases, financial news outlets
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Galaxy Digital financial reports, blockchain analytics platforms
20,000 to 30,000 • 25%
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10,000 to 20,000 • 25%
Galaxy Digital press releases, blockchain analytics platforms
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1st • 25%
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Cryptocurrency market data providers like CoinMarketCap, CoinGecko
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Galaxy Digital financial reports, blockchain analytics platforms