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Galaxy Digital Appoints Ex-Goldman Sachs Executive as Chairman

Mike Novogratz will remain as CEO as the firm plans for a U.S. stock offering later in the year.

By Jamie Crawley
AccessTimeIconApr 16, 2021 at 12:24 p.m. UTC
Updated May 9, 2023 at 3:18 a.m. UTC
Siobhan Loughran and Michael Daffey attend the Foundation of Contemporary Art's 5th anniversary exhibition on May 4, 2010 in London, England.
Siobhan Loughran and Michael Daffey attend the Foundation of Contemporary Art's 5th anniversary exhibition on May 4, 2010 in London, England.
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Galaxy Digital named former Goldman Sachs executive Michael Daffey as its chairman.

  • The appointment, announced Friday, is in preparation for the firm’s U.S. public stock offering.
  • The investment management firm currently trades on the Toronto Stock Exchange.
  • Mike Novogratz, who will remain as CEO, said in March that the company will list in the U.S. in the second half of the year.
  • Daffey was most recently chairman of Goldman Sachs’ global market division, with his retirement announced in March.
  • He also recently bought a $51 million New York City mansion previously belonging to convicted sex criminal Jeffrey Epstein.
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