Galaxy Digital Records Q1 Loss of $111.7M Amid Fall in Crypto Prices
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022.
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022.
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said.
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Crypto majors dropped in European morning hours on Monday amid a slump in broader global markets.