Galaxy Digital subsidiary's asset management scale reached US$8.1 billion at the end of January, a month-on-month increase of nearly 57%

Galaxy Digital Holdings announced that as of January 31, 2024, its subsidiary Galaxy Asset Management (GAM) had preliminary assets under management (AUM) of US$8.1 billion, an increase of 56.8% from the previous month, mainly driven by newly managed opportunistic assets and GAM's passive strategy was driven by net inflows, partially offset by net outflows related to ongoing liquidation mandates.