Article

Galaxy Digital holds $76.8 million in FTX risk exposure, Q3 net loss of $68.1 million

PANews · 2022-11-09T15:25:00.000Z

PANews reported on November 9 that the crypto financial company Galaxy Digital disclosed that the risk exposure related to FTX is approximately US$76.8 million, and US$47.5 million is currently in the process of withdrawal. According to financial report data, the company had a net loss of US$68.1 million in the third quarter, compared with a profit of US$517.9 million in the same period last year. Assets under management were nearly US$2 billion, an increase of 17% from the previous quarter.

PANews

PANews reported on November 9 that crypto finance company Galaxy Digital disclosed that its risk exposure to FTX is about $76.8 million, and $47.5 million is currently in the process of withdrawal. According to financial reports, the company had a net loss of $68.1 million in the third quarter, compared with a profit of $517.9 million in the same period last year. Assets under management are nearly $2 billion, up 17% from the previous quarter.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.