A letter from Galaxy’s Founder and CEO, Mike Novogratz —

I’ll stand on the Nasdaq floor alongside my family, friends, and colleagues to ring the opening bell.

It’s a pivotal moment for Galaxy, marking our debut as a public company in the United States. But for me, this is more than just a corporate milestone. It’s the fulfillment of a deeply personal bet I made over a decade ago that the financial system was overdue for transformation.

After more than three decades on Wall Street at Goldman Sachs and Fortress Investment Group, I’d seen firsthand the highs and lows, the booms and busts of the ‘80s and ‘90s, all punctuated by the seismic shock of the 2008 Global Financial Crisis. I knew our financial system needed to change. I just didn’t know how – until a close friend called in 2013 and said, “You need to read the bitcoin whitepaper.”

Bitcoin wasn’t just a new asset. It was an invitation to rethink how trust is built, how value moves, and how ownership is defined. It reminded me why I fell in love with markets in the first place. And it forced me to ask the question that changed everything: Did I just want to invest in this technology, or did I want to help shape what comes next?

In 2018, I chose to build. That’s how Galaxy was born.

We started small. Just a few individuals, united by the mission to bridge the institutional rigor of traditional finance with the energy and potential of digital assets. We weren’t here to ride the hype or chase the headlines. We were here to build the rails.

Since then, we’ve built a fully integrated digital assets platform that spans trading, investment banking, asset management, staking, tokenization, and custodial technology. We helped some of the largest institutions in the world enter this space with structure and conviction. We provided stability in times of market stress. We helped recover billions of dollars in the aftermath of one of the most difficult moments this industry has faced. We earned real trust and credibility the hard way. Not by saying the right things, but by showing up when it mattered most.

In 2022, we took another bold step by acquiring a large data center in West Texas called Helios. What began as a move to scale our bitcoin mining operations soon revealed itself as something more. Helios now anchors Galaxy’s push into artificial intelligence and high-performance compute infrastructure.

Looking back, nothing about this journey was inevitable. The road was long – marked by setbacks, market volatility, and regulatory turbulence. But we weathered it all. And through every cycle, every disruption, and every pivot, I’ve learned the same truth: The people who shape the future are the ones willing evolve, to think boldly, and to keep building. No matter what.

Today, Galaxy stands at the forefront of this digital frontier. Our more than 500 employees across North America, Europe, the Middle East, and Asia are ready for what’s next.

To our employees: You are the heartbeat of Galaxy. We’ve been in the trenches together, and your remarkable talent and dedication have made all this possible. To our shareholders, clients, and partners: Thank you for your trust. This milestone is as much yours as it is ours.

The bell is about to ring. We’re just getting started.

–

Mike Novogratz

Founder and CEO, Galaxy

Source: Galaxy