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Galaxy Digital
Mike Novogratz's Galaxy · trading, staking, DeFi · @galaxyhq
Galaxy Digital is a full-stack crypto financial firm, and the wallet shows it — bitcoin, wrapped BTC, a big staked-ether position and DeFi tokens all sit side by side.
The desk's read
Galaxy runs trading, asset management, staking and venture under one roof, so this balance is a blend of proprietary positions and client-adjacent activity. The staked-ETH and liquid-staking exposure stands out.
It's also a Genesis creditor, a reminder that firms this connected carry counterparty history as well as coins. The diversification across BTC, ETH and DeFi is the point — this is an operating book, not a treasury.
For the desk, Galaxy is a read on where a sophisticated multi-strategy shop is leaning: heavy staked-ETH says yield and ecosystem, not just directional beta.
What they hold
Largest token positions on-chain data maps to this entity, by USD value.
| Asset? | Chain? | Value? |
|---|---|---|
| cbBTC | ethereum | $155.5M |
| BTC | bitcoin | $123.0M |
| LSETH | ethereum | $106.9M |
| ETH | ethereum | $46.7M |
| cbBTC | solana | $39.9M |
| USDC | ethereum | $20.7M |
| HYPE | hyperevm | $11.6M |
| FBTC | ethereum | $7.9M |
| JITOSOL | solana | $7.5M |
| USDT | ethereum | $6.7M |
How to read a row → cbBTC · ethereum · $155.5M: this entity's largest position is $155.5M of cbBTC held on ethereum. Rows are sorted by USD value, so the top row is the biggest bet.
By chain
| Network? | Value? |
|---|---|
| ethereum | $353.3M |
| bitcoin | $123.0M |
| solana | $50.9M |
| hyperevm | $11.6M |
| bsc | $3.5M |
| avalanche | $1.3M |
How to read a row → ethereum · $353.3M: $353.3M of the holdings live on ethereum. Chains are ranked by value, so the top row is where most of the money sits.
Source: balances read directly from public chain RPCs, priced via DeFiLlama. USD-denominated, so they move with price as well as with flows. Updated 4 Sep 2026.
Other fund / institution: BlackRock · Strategy · Grayscale · Bitwise
Not investment advice. Entity labels are on-chain attribution and can be imperfect; a labelled balance may mix personal, treasury and custody wallets. Large balances do not imply intent, some never move.