21 Oct 2025

"Galaxy Digital Secures $459 Million Investment from Leading Asset Manager"

"Davis Polk advised Galaxy Digital Inc. on a private investment involving the sale of 12,777,778 shares of Class A common stock at $36.00 per share. The investment includes shares sold by Galaxy and its executive officers, including the CEO. The funds will be used for general corporate purposes and to develop the Helios data center campus. Galaxy Digital, based in New York City, is a leader in digital assets and data center infrastructure, managing approximately $9 billion in assets."

Davis Polk & Wardwell LLP advised Galaxy Digital Inc. in connection with a private strategic investment involving the sale of shares of its Class A common stock. The transaction involved the issuance and sale of 12,777,778 shares, comprising 9,027,778 shares sold by Galaxy and 3,750,000 shares sold by certain executive officers, including the Founder and CEO, at a price of $36.00 per share. The proceeds from this offering are intended for general corporate purposes and to support the development of Galaxy's Helios data center campus. The Davis Polk capital markets team included partners Daniel P. Gibbons and Joseph A. Hall, counsel Joze Vranicar and Chaoyuan (Charles) Shi, associate Sakiko Nishida, and law clerks Kristina (Kexin) Wang and Triston Ferguson. All members of the Davis Polk team are based in the New York office, with Chaoyuan (Charles) Shi providing ERISA advice.
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