Galaxy’s broad crypto strategy covers key ‘buckets’: Flood Capital
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Is Galaxy really a strong buy?
That was the deep dive in today’s Empire episode with Duncan from Flood Capital and Matt from Rittenhouse Research, which rated Galaxy a strong buy in a recent research note.
Both Duncan and Matt made their bullish cases for Galaxy in Empire today, highlighting it as one of the more successful crypto firms. But before we dive in, I want to note that Empire co-host Jason Yanowitz and both Matt and Duncan all disclosed they hold GLXY.
“ I basically break down Galaxy into three main buckets. They have their balance sheet, so the market cap today it’s trading around. You know, just under 28 bucks. So…