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Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Published 06/21/2019, 01:32 PM
Updated 06/21/2019, 01:43 PM
Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Mike Novogratz’s crypto investment bank Galaxy Digital is expanding its services to offer crypto options contracts trading, industry media outlet The Block reports on June 21.

According to the report, Galaxy Digital’s new initiative is made in response to increasing demand from institutional investors in order to hedge the high volatility that is a calling card of crypto assets.

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