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Story: Galaxy Digital Asset Chief Steve Kurz Sees Major Crypto Deleveraging as Industry Plus

By Sydney TheCMO

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Deleveraging isn't optional anymore. Steve Kurz, Galaxy Digital's asset management head, thinks these market corrections are actually good news for the crypto space long-term.

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The industry is going through some pretty wild changes right now, and Kurz sees the infrastructure getting better across the board.

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Galaxy Digital keeps expanding. They're betting big on digital assets.

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The firm made strategic investments recently, and their focus stays sharp on long-term growth opportunities.

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Regulatory frameworks are taking shape around the world, with governments crafting new policies that could reshape everything.

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Galaxy's strategy focuses on capitalizing on market shifts as they happen. Kurz thinks their approach is deliberate and strategic, positioning them well for whatever comes next.

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On February 14, Kurz talked about infrastructure improvements in the crypto space, pointing out that blockchain technology advances are making transactions way more efficient.

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Galaxy Digital's recent quarterly report showed a 20% increase in assets under management, which they credit to targeted investments in key blockchain projects and strategic…

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Despite the optimism, Kurz admits sector volatility remains a big concern. Galaxy Digital is working on advanced risk assessment tools to protect investments and ensure…

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In January, Galaxy Digital partnered with BitGo, a leading digital asset financial services provider, to enhance custody solutions for institutional clients.

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On February 12, the firm launched a new investment fund targeting blockchain innovation startups developing applications in decentralized finance and other emerging sectors.

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Galaxy Digital's CEO Mike Novogratz stressed education's importance during a February 10 conference.

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The company hasn't disclosed specific revenue projections for the upcoming quarter. That absence leaves uncertainty about short-term financial outlook, though they remain focused…

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On February 13, Galaxy Digital joined a consortium with Coinbase and Fidelity Digital Assets to develop standardized protocols for digital asset trading.

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Kurz noted the firm's February 11 acquisition of a minority stake in blockchain analytics firm Chainalysis.

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