Michael Novogratz’s Galaxy Digital (GLXY) has employed Zac Prince as a managing director, based on an inner memo seen by CoinDesk.
Prince will likely be working carefully with Galaxy’s President, Chris Ferraro, to develop the corporate’s digital property providing.
Galaxy believes that crypto is getting into a “pivotal era of transformation,” and has employed Prince to assist ship the agency’s strategic imaginative and prescient, the corporate mentioned within the memo.
He joins from actual property advisory agency RE Cost Seg, the place he was employed as CEO for the final yr.
Prince is well-known within the trade. He’s the previous CEO and co-founder of bankrupt crypto lender BlockFi.
Galaxy employed former Point72 chief monetary officer Anthony Paquette to serve in the identical position on the crypto monetary companies agency, it mentioned in December.
Learn extra: Michael Novogratz’s Galaxy Appoints Former Point72 Exec as CFO
