Key Takeaways Galaxy Digital, the publicly traded crypto firm led by Michael Novogratz, has announced the acquisition of CryptoManufaktur LLC (CMF), a prominent blockchain node operator. The acquisition includes CMF’s operations, engineering teams, and associated assets, increasing Galaxy’s serviced assets…
Key Takeaways Delaware’s Supreme Court has overturned a lower court’s decision to dismiss a $100 million lawsuit filed by BitGo against Galaxy Digital following a failed acquisition. The court ruling found the language of the merger agreement to be “ambiguous,”…
The US SEC has postponed deciding whether to accept or reject a spot Ether ETF that was put up by Galaxy Digital and Invesco.
The acquisition of BitGo, which Galaxy announced in 2022, has a "clean termination right," according to the vice chancellor of the Delaware Court of Chancery.
