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Mike Novogratz’s Galaxy Digital Refocuses Advisory Services to Institutional Clients
Billionaire Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, has announced it is repositioning its advisory business from focusing on small ICO advisory and blockchain consulting to instead serve larger, more institutional clients in the space. In a statement on several strategic operational and organizational changes, Mike Novogratz said: “The industry underlying digital assets […]
News – CCN
Venezuela to Present Petro Crypto to OPEC as a Unit of Oil
The Venezuelan government is reportedly going to present its oil-backed cryptocurrency, the Petro, to the Organization of Petroleum Exporting Countries (OPEC) as a unit of account for oil. According to local news outlet Telesur, the country’s petroleum minister and the president of state-run oil and natural gas company PDVSA, Manuel Quevedo, stated that Petro transactions
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