Science and Technology Science and Technology

Michael Novogratz's Galaxy Appoints Former Point72 Exec as CFO


Published on 2024-12-13 13:40:49 - CoinDesk
  Print publication without navigation

  • Michael Novogratz's Galaxy Digital (GLXY) has hired former Point72 chief financial officer Anthony Paquette to serve in the same role at the crypto financial services firm. He will replace Alex Ioffe, who will transition into a senior adviser role, the company said in a statement on Friday.

Galaxy Digital, a cryptocurrency financial services firm founded by Michael Novogratz, has appointed a former executive from Point72 Asset Management, a hedge fund owned by Steve Cohen, as its new Chief Financial Officer (CFO). This strategic hire comes as Galaxy Digital aims to bolster its financial operations and expand its reach within the cryptocurrency and digital asset markets. The new CFO's experience at Point72, known for its rigorous investment strategies and risk management, is expected to bring enhanced financial oversight and strategic planning to Galaxy Digital, aligning with the company's growth ambitions in a rapidly evolving sector.

Read the Full CoinDesk Article at:
[ https://www.coindesk.com/business/2024/12/13/michael-novogratz-s-galaxy-appoints-former-point72-exec-as-cfo ]