There may be a drought in the broader retail Bitcoin market, but in the crypto financier space, spirits seem to be as high as ever. Well, that’s what Mike Novogratz, the founder of merchant bank Galaxy Digital, thinks anyway. Just recently, the former Wall Street investor, who held stints at Fortress Financial and Goldman Sachs, purportedly began a search for funding in the nine-digit realm.
Over recent years, Novogratz, often deemed crypto’s most fervent, persistent bulls and believers, has quickly expanded Galaxy, his brainchild, to cover a number of this sector’s expansive roster of facets. According to a Business Insider report, which cited those familiar with the matter, the American investor, who stumbled across Bitcoin in 2013, is looking to expand his firm’s borders yet again.