Galaxy Digital 发布令人印象深刻的收益，顺应机构采用浪潮

Galaxy Digital (GLXY) 到 2023 年年底表现强劲，其多元化业务领域显着增长。管理资产（AUM）飙升至超过 100 亿美元，较年底大幅上升，而股本则增至 21 亿美元。该公司通过其独特的加密货币特定大宗经纪产品 Galaxy One 专注于机构交易，被视为夺取市场份额的关键驱动力。

Galaxy Digital Reports Robust Performance, Boosted by Institutional Trading Focus

Galaxy Digital 报告表现强劲，机构交易重点推动

New York, NY - March 8, 2023 - Galaxy Digital Holdings Ltd. (TSX: GLXY), the crypto financial services firm founded by Michael Novogratz, has concluded 2023 with a solid financial performance, driven by strong operating results across its diversified business lines.

纽约州纽约 - 2023 年 3 月 8 日 - 由 Michael Novogratz 创立的加密货币金融服务公司 Galaxy Digital Holdings Ltd.（多伦多证券交易所代码：GLXY）在其多元化业务线强劲的运营业绩的推动下，以稳健的财务业绩结束了 2023 年。

In a research report published Wednesday, analyst Joseph Vafi of Canaccord Genuity highlighted several positive developments for Galaxy Digital. Notably, the firm experienced a substantial increase in assets under management (AUM), rising from year-end levels to over $10 billion. Equity capital also grew significantly, climbing to $2.1 billion from approximately $1.5 billion at the end of the third quarter.

在周三发布的一份研究报告中，Canaccord Genuity 的分析师 Joseph Vafi 强调了 Galaxy Digital 的一些积极进展。值得注意的是，该公司的管理资产 (AUM) 大幅增加，从年末水平升至超过 100 亿美元。股本也大幅增长，从第三季度末的约 15 亿美元攀升至 21 亿美元。

Galaxy Digital's income before tax for the quarter-to-date period stood at approximately $300 million. "It is important to note that Galaxy continues to evolve its business model, with a focus on institutional trading," stated Vafi. "We were pleased to see further maturation and rollout of the company's unique crypto-specific prime brokerage product, Galaxy One."

Galaxy Digital 本季度迄今的税前收入约为 3 亿美元。 “值得注意的是，银河继续发展其商业模式，重点是机构交易，”瓦菲说。 “我们很高兴看到该公司独特的加密货币大宗经纪产品 Galaxy One 的进一步成熟和推出。”

Canaccord analysts believe that Galaxy One's continued development will be instrumental in capturing market share as traditional asset managers seek exposure to cryptocurrencies. The crypto firm's deepened relationship with the FTX estate has also contributed to a material increase in AUM within its asset management unit since year-end. As FTX liquidates its digital assets at spot prices, the firm anticipates higher AUM will translate to increased trading revenue over time.

Canaccord 分析师认为，随着传统资产管理公司寻求涉足加密货币，Galaxy One 的持续发展将有助于占领市场份额。自年底以来，这家加密货币公司与 FTX 产业的加深关系也导致其资产管理部门的 AUM 大幅增加。随着 FTX 以现货价格清算其数字资产，该公司预计随着时间的推移，更高的 AUM 将转化为交易收入的增加。

Galaxy Digital's exchange-traded fund (ETF) strategy continues to provide tailwinds. Canaccord highlights the company's collaborations with European partner DWS for the launch of bitcoin and ether ETFs, as well as the gradual ramp-up of the U.S. bitcoin ETF with partner Invesco.

Galaxy Digital 的交易所交易基金 (ETF) 策略继续提供推动力。 Canaccord 强调了该公司与欧洲合作伙伴 DWS 合作推出比特币和以太坊 ETF，以及与合作伙伴景顺 (Invesco) 逐步推出的美国比特币 ETF。

Based on these positive indicators, Canaccord maintains its "buy" rating on Galaxy Digital shares with an unchanged price target of C$17 ($12). Galaxy Digital's share price closed at C$13.46 on Wednesday, providing investors with a potential upside to the target price.

基于这些积极指标，Canaccord 维持 Galaxy Digital 股票的“买入”评级，目标价不变为 17 加元（12 美元）。 Galaxy Digital 股价周三收于 13.46 加元，为投资者提供了目标价的潜在上涨空间。

The strong end to 2023 and positive commentary from Canaccord Genuity suggest that Galaxy Digital is well-positioned to capitalize on the growing institutional interest in cryptocurrencies. The firm's focus on institutional trading, coupled with its diversified business lines, provides a solid foundation for continued financial performance and market growth in the years to come.

2023 年的强劲表现和 Canaccord Genuity 的积极评论表明 Galaxy Digital 处于有利位置，可以利用机构对加密货币日益增长的兴趣。该公司对机构交易的关注，加上其多元化的业务线，为未来几年持续的财务业绩和市场增长奠定了坚实的基础。