Galaxy Digital Holdings (GLXY) has notable insider selling

Galaxy Digital Holdings (T:GLXY)

Damian Richard Paul Vanderwilt, a Director, disposed 50,000 Common Shares on a direct ownership basis at a price of $5.506 through the public market on August 29th, 2023. This represents a $275,325 divestment of the company's shares and an account share holdings change of -7.7%.

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy Trading, provides spot and derivative executions, as well as liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. Its asset management business, Galaxy Asset Management, manages capital on behalf of third parties in exchange for management fees and performance-based compensation. Its investment banking business, Galaxy Investment Banking, offers financial and strategic advisory services for the digital asset, cryptocurrency and blockchain technology sectors. The Company operates various offices across North America, Europe and Asia.