Galaxy Digital backs $50M funding round for crypto staking outfit Figment
2021-09-03 23:58:21 /

 Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup. According to Bloomberg on Monday, Galaxy Digital joined investors like Anchorage and Bonfire Ventures in a Series B funding round led by Senator Investment Group and Liberty City Ventures. The company is now reportedly worth about $500 million following the fresh injection of investment capital.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.