The crypto currency company Galaxy Digital, founded by billionaire Mike Novogratz, Galaxy Digital UK Ltd.
Galaxy Investment Banking, licence In a press release, to provide capital increase and investment banking solution to customers in the company.
Galaxy Digital FCA maintains its approval, expanding corporate trade access in the UK
Galaxy Europe CEO Leon Marshall said that approval is a very important success for the Galaxy Group, because it allows them to offer innovative trade solutions to corporate customers while maintaining the highest regulatory standards.
He said:
“London is a critical financial center, and this authorization allows us to deepen our presence in the UK in line with our traditional financing digital asset ecosystem.”
This FCA authority represents an important trade milestone for Galaxy Digital. While meeting the strict regulatory requirements, it contributes to the resident for a pioneering trade solutions for a corporate customer base of the company.
Only contributes to the growing regulatory footprint of Galaxy Digital. The company, headquartered in New York and has offices in Chicago, Hong Kong, And Tokyo has a customer base containing more than 1,300 corporate trade.
Galaxy Digital expands as it strengthens its crypto -friendly stance
Galaxy Digital also plans to expand the labor force to meet the demand for digital asset services. With the approximately 40 employee teams in London, these developments are compatible with Britain’s approach to the regulation of crypto assets and make England a target for high investment and innovation.
Galaxy sees FCA license as a large milestone that will increase the company’s compliance efforts. It also positions Digital Asset and Blockchain to meet the increasing demand from the rapidly expanding corporate investor market.
Marshall said the British government has created an environment for transformative technologies such as digital assets. He believes that the country is on the right path, and there is a strong pressure to attract innovation capital.
He added that this clarity has attracted the best ability, investment and innovation to the region, which is supported by the country’s deep talent pool, first -class academic institutions and entrepreneurial spirit.
Galaxy Digital recently announced a $ 200 million agreement on his relationship with New York Chief Public Prosecutor Luna and made headlines. The company also attracted a sense of rise with the announcement of a 15 -year artificial intelligence agreement with Coreweave.
Meanwhile, Galaxy Digital’s approval by the FCA of the FCA comes in the midst of the wave of corporate interest in digital assets. Traditional financial companies also sought FCA’s approval as crypto asset companies in the UK. One of the remarkable companies in this list is asset management giants like Blackrock.
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