Galaxy Digital Sells Block.One Stake; Will EOS Prices React?

Galaxy Digital, the crypto merchant bank dedicated to the digital assets, has announced a Partnership update with EOS blockchain maker, Block.one. The Michael Novogratz founded firm has received over $70 million by selling its stake in the blockchain company.

In an announcement on May 21 Galaxy Digital Holdings Ltd said that the company, referred to as the ‘Partnership’, accepted a tender offer in the ordinary shares of Block.one. On Monday the crypto investment bank received $71.2...

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