Mr. Jonathan Goldowsky reports

GALAXY ASSET MANAGEMENT: MARCH 2024 MONTH END AUM

Galaxy Digital Holdings Ltd.'s affiliate, Galaxy Asset Management (GAM), had preliminary assets under management of $7.8-billion as of March 31, 2024. The 23.3-per-cent decrease in preliminary AUM compared with the prior month was primarily driven by the liquidation of assets associated with a continuing opportunistic mandate, partially offset by market appreciation.

Additional information regarding Galaxy Asset Management can be found on its website.

About Galaxy Digital Holdings Ltd.

Galaxy Digital 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. 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 City, with global offices across North America, Europe and Asia.