An anonymous director reports

GALAXY ASSET MANAGEMENT: JUNE 2023 MONTH END AUM

Galaxy Digital Holdings Ltd.'s affiliate, Galaxy Asset Management, had preliminary assets under management of $2,494-million as of June 30, 2023. The 3.3-per-cent increase in preliminary AUM compared with the prior month was driven by net inflows and market appreciation.

About Galaxy Digital Holdings Ltd.

Galaxy Digital (Toronto Stock Exchange: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. It serves a diversified client base, including institutions, start-ups and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: global markets, asset management and digital infrastructure solutions. Its offerings include, amongst others: trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York, with global offices across North America, Europe and Asia.

GAM is an affiliate of Galaxy Digital, a company listed on the Toronto Stock Exchange.