Mike Novogratz Unveils Plan for Cryptocurrency 'Merchant Bank'

in bitcoin •  7 years ago 

A Bloomberg undisclosed source said that Novogratz “envisions Galaxy Digital as the Goldman Sachs of crypto.” And to achieve this objective:

"Novogratz is putting substantially all of his crypto investments into Galaxy — about $400 million of bitcoin, ether, initial coin offerings and stakes in startups such as Xapo, Bitstamp, and Ripple Labs."

https://bitcoinist.com/novogratz-first-cryptocurrency-merchant-bank/

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This wonderful post has received a @discernente 5.55% upvote from @mrswhale. Discord Channel: https://discord.gg/XG4y3mg You can vote in the name of the odl. https://steemit.com/~witnesses

nice article. keep posting. Thanks a lot.

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You got a 5.94% upvote from @upmewhale courtesy of @discernente!

thanks for a nice and meaningful article

great post, mainstream financial institutions have to come in line, big changes and challenging times ahead for those guys.

What does this imply for the cryptosphere in your opinion?

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