Mr. Michael Novogratz reports

GALAXY APPOINTS LEON MARSHALL CHIEF EXECUTIVE OFFICER OF EUROPE

Leon Marshall has been named Galaxy Digital Holdings Ltd.'s chief executive officer of Europe. In this newly formed role, Mr. Marshall will be responsible for overseeing Galaxy's continued European expansion across all business lines, as well as managing operations and key client relationships in the region.

"We are thrilled to name Leon as the CEO of Europe, a region that is critically important to our growth strategy," said Michael Novogratz, founder and chief executive officer of Galaxy. "Leon's tremendous leadership skills and strong track record of developing and scaling digital asset products for European institutional investors will be invaluable to us as we continue to scale our operations in the U.K. and continental Europe aggressively."

Mr. Marshall joined Galaxy in June as global head of sales, bringing two decades of experience spanning digital assets and traditional finance. Mr. Marshall, who will continue to serve as Galaxy's global head of sales as part of his expanded role, has been shaping the company's sales force into a more unified team that spans three continents, bolstering the firm's ability to capture client flow.

Prior to joining Galaxy, Mr. Marshall served as managing director and global head of sales at Genesis for more than four years, overseeing the firm's global business development and sales initiatives. Mr. Marshall previously spent a decade as a portfolio manager specializing in the energy and metal markets at firms including Trafigura and Apollo Global Management. He began his career as a commodities derivatives trader at UBS. Mr. Marshall holds a BA in philosophy, politics and economics from the University of Oxford and an MBA from London Business School.

"I am deeply honoured to take on this additional responsibility of leading Galaxy's European operations as we continue to drive adoption and growth in one of the fastest-growing digital asset markets in the world," said Mr. Marshall. "Galaxy has firmly established itself as the world's pre-eminent digital asset financial services platform, thanks to its innovative institutional-grade investment solutions and deep bench of talented and experienced professionals. I have the utmost confidence that we are well positioned to remain at the forefront of the digital asset space for years to come and can't wait to continue to work with the team to develop and deliver investor-friendly, regulatory-compliant products."

Mr. Marshall's appointment to CEO of Europe follows the firm's strategic alliance with DWS, one of the leading asset managers in Europe, to develop a comprehensive suite of digital asset exchange-traded products (ETPs) in Europe.

About Galaxy Digital Holdings Ltd.

Galaxy is a digital asset and blockchain leader providing access to the growing digital economy. The company serves a diversified client base, including institutions, start-ups and qualified individuals. Since 2018, Galaxy has been building a holistic financial platform spanning three complementary operating businesses: global markets, asset management and digital infrastructure solutions. Galaxy's 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 offices across North America, Europe and Asia.

We seek Safe Harbor.