Michael Novogratz's Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi

Prince volition enactment intimately with the firm's president, Chris Ferraro, to grow Galaxy's crypto offering.

Updated Feb 25, 2025, 5:52 p.m. UTCPublished Feb 25, 2025, 9:00 p.m. UTC

Michael Novogratz's Galaxy Digital (GLXY) has hired Zac Prince arsenic a managing director, according to an interior memo seen by CoinDesk.

Prince volition beryllium moving intimately with Galaxy's President, Chris Ferraro, to grow the company's integer assets offering.

Galaxy believes that crypto is entering a "pivotal epoch of transformation," and has hired Prince to assistance present the firm's strategical vision, the institution said successful the memo.

He joins from existent property advisory steadfast RE Cost Seg, wherever helium was employed arsenic CEO for the past year.

Prince is good known successful the industry. He is the erstwhile CEO and co-founder of bankrupt crypto lender BlockFi.

Galaxy hired erstwhile Point72 main fiscal serviceman Anthony Paquette to service successful the aforesaid relation astatine the crypto fiscal services firm, it said successful December.

Read more: Michael Novogratz's Galaxy Appoints Former Point72 Exec arsenic CFO

Will Canny

Will Canny is an experienced marketplace newsman with a demonstrated past of moving successful the fiscal services industry. He's present covering the crypto bushed arsenic a concern newsman astatine CoinDesk. He owns much than $1,000 of SOL.