Galaxy Digital, an investment bank and cryptocurrency broker, was established by Michael Novogratz. AnnoucedIt announced Monday it will issue 500 million worth of exchangeable senior notes in order to help accelerate its business initiatives. This debt can be converted into company equity at a rate of 3% annum and will mature in 2026. Nonfungible tokens (or NFTs) are a new expansion area for the company. committingIt has invested $62million of its capital in 22 NFT companies since the beginning of this year.

Mike Novogratz is the founder and CEO of Galaxy Digital. The bullish investor, a legendary figureHere are some other (BTCOther cryptocurrencies. His call to other investors was to give crypto anywhere from 1% to 55% of their portfolio. His guidance made the company one of the most important digital currency investment firms in the world, with assets totalling more than $3B.