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Galaxy Asset Management: July 2024 Month End AUM

Newswire.ca - Tue Aug 20, 4:00PM CDT

NEW YORK, Aug. 20, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $4.7 billion as of July 31, 2024. The 4.7% increase in preliminary AUM compared to the prior month was primarily driven by market appreciation and net inflows into GAM's funds, partially offset by the continued successful liquidation of assets associated with an ongoing opportunistic mandate.

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