Novogratz’s Galaxy Accelerates Hiring as Bankers Flip to Crypto

Galaxy Digital Holdings Ltd., the crypto platform run by billionaire Mike Novogratz, is accelerating its tempo of hiring to capitalize on a increase of expertise shifting into digital belongings.

The corporate’s headcount expanded greater than 200% final yr to virtually 285 individuals, stated Jen Lee, Galaxy’s chief individuals officer who joined in latest months from BlackRock Inc. That quantity doesn’t embrace the workers of BitGo, the custodian agency it agreed to amass in 2021. Galaxy has expanded headcount by one other 45 individuals this yr.

Mike Novogratz

Photographer: Victor J. Blue/Bloomberg

“The tempo isn’t stopping,” Lee stated in an interview with Bloomberg Tv. …