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  5. GLXY: What is happening with GLXY and thoughts on VHI going forward. [Galaxy Digital Holdings Ltd. ordinary shares]
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Q: What is happening with GLXY and thoughts on VHI going forward....

Thanks
Asked by Bruce on February 25, 2025
5i Research Answer:

With a recent big hack in crypto, GLXY helped provide funds to ensure a customer could keep operating. This is its business, but also adds some risks, of course. But bitcoin is down 7% and taking everything crypto-related with it. There has been no news on VHI in nearly a month. It is expensive but fundamental growth and financial position are strong. We continue to see it as attractive.