{"id":43084,"date":"2021-05-24T18:28:38","date_gmt":"2021-05-24T15:28:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43084"},"modified":"2025-08-31T02:02:40","modified_gmt":"2025-08-30T23:02:40","slug":"galaxy-digital-acquires-vision-hill-group-an-asset-manager","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/galaxy-digital-acquires-vision-hill-group-an-asset-manager\/","title":{"rendered":"Galaxy Digital acquires Vision Hill Group, an asset manager"},"content":{"rendered":"<p>Galaxy Digital, Mike Novogratz&#8217;s cryptocurrency merchant bank, <a href=\"https:\/\/www.newswire.ca\/news-releases\/galaxy-digital-expands-galaxy-fund-management-with-acquisition-of-vision-hill-group-813957745.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced<\/a> the acquisition of Vision Hill Group, a New York-based firm.<\/p>\n<p><!--more--><\/p>\n<p>The firm positions itself as a leading investment adviser, an asset manager in digital assets, and a developer of market analytics solutions.<\/p>\n<p>Vision Hill will become part of the Galaxy Fund Management division. The deal amount was not disclosed.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGalaxy Fund Management rapidly expands its capabilities in order to ultimately provide institutional-grade access to all corners of digital assets, so that organisations can easily participate in this fast-developing sector,\u201d said Steve Kurz, a partner and head of asset management at Galaxy Digital.<\/p>\n<\/blockquote>\n<p>Earlier, the crypto bank agreed to acquire BitGo, a custody-services provider, for about $1.2 billion in stock and cash.<\/p>\n<p>In February 2021, Galaxy Digital announced the launch of a new research division and a 40% increase in staff. Previously, the company opened a Bitcoin mining division.<\/p>\n<p>Earlier, on 19 May, shares of Mike Novogratz\u2019s bank fell 11% amid a market rout.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Galaxy Digital, Mike Novogratz\u2019s crypto merchant bank, announced the acquisition of Vision Hill Group, a New York-based firm.<\/p>\n","protected":false},"author":1,"featured_media":43085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[770,1235],"class_list":["post-43084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-galaxy-digital","tag-mergers-and-acquisitions"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=43084"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43084\/revisions"}],"predecessor-version":[{"id":43086,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43084\/revisions\/43086"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/43085"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=43084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=43084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=43084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}