We advised Galaxy on its offering 

Davis Polk advised Galaxy Digital Holdings Ltd. in connection with its C$169.4 million (approximately $125 million) offering of 12,100,000 ordinary shares, on a bought deal basis. The offering included a public offering in Canada and an offering in the United States to investors who are both “qualified institutional buyers” under Rule 144A and “qualified purchasers” under Section 3(c)(7) of the 1940 Act.

Galaxy is a digital asset and blockchain leader providing a diversified client base, including institutions and qualified individuals, access to the growing digital economy. Galaxy’s full suite of services spans three complementary operating businesses: global markets, asset management and digital infrastructure solutions.

The Davis Polk corporate team included partner Dan Gibbons and associates Soo Kyung Chae and Courtney Clark. The tax team included partner Patrick E. Sigmon and associate Tyler Scheiner. Partner Gregory S. Rowland, counsel Sarah E. Kim and associate Jonathan P. Jackson provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.

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