Galaxy Digital Says Helios a ‘Gold Rush,’ Reveals Q3 Revenue Beat and Client Growth

Shares of Galaxy Digital (GLXY) are ahead 2% on Tuesday after the crypto-focused financial firm beat third quarter revenue expectations by a wide margin and confirmed major progress on its Helios data center project. Led by CEO Mike Novogratz, the company reported $29 billion in revenue, nearly doubling analyst forecasts of $16 billion. Galaxy credited its trading business and growth in digital asset valuations for the outperformance. The company also announced that CoreWeave (CRWV), a cloud infrastructu ...