NEW YORK, May 23, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $5.7 billion as of April 30, 2024. The 27.3% decrease in preliminary AUM compared to the prior month was primarily driven by the continued successful liquidation of assets associated with an ongoing opportunistic mandate and market depreciation.
Read more at newswire.caGalaxy Asset Management: April 2024 Month End AUM
Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.