Mike Novogratz raised $250 million for the opening of the cryptocurrency Bank

Mike Novogratz raised $250 million for the opening of the cryptocurrency Bank

The famous American billionaire and cryptocurrency investor Mike Novogratz has raised about $250 million to Finance the commercial cryptocurrency of the Bank, which will be officially registered in Canada.

According to rumors, the Executive Director of the Taiwanese company Foxconn, billionaire Terry GOU is among the investors of the closed joint-stock companies. According to the source, who wished to remain incognito, investors agree to buy shares of the company Novogratz Galaxy Digital LP via a holding company, which will soon be trading on the stock exchange the TSX Venture Exchange in Toronto.

53-year-old Novogratz was able to raise funds, even when the price of bitcoin and other cryptocurrencies began to decline from record highs in December. The commercial Bank in new York plans to trade cryptocurrency, investing, manage assets of clients and to provide advice related to Baccano.

Unlike an IPO, Galaxy raises money privately, without providing the public financial statements. This process also includes a reverse takeover of a canadian company Bradmer Pharmaceuticals.

Last month Novogratz announced the private placement of the shares and plans to listing.

Galaxy Digital is pleased to return to the Novogratz, who left Fortress Investment Group LLC in 2015 after MIKROFOND, which he headed, were deprived of funds. A former banker at Goldman Sachs dedicated himself to investment in cryptocurrency. He invested almost 20-30% of their funds in Bitcoin, thanks to which he multiplied his wealth and became famous all over the world.

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