Michael Novogratz’s Galaxy Digital (GLXY) has employed former Point72 chief monetary officer Anthony Paquette to serve in the identical position on the crypto monetary providers agency.
He’ll exchange Alex Ioffe, who will transition right into a senior adviser position, the corporate said in an announcement on Friday.
Paquette beforehand spent 4 years because the CFO at Steve Cohen’s hedge fund Point72, main the agency’s world finance, treasury, and dealer relations, amongst different issues. Earlier than that, he labored at SoFi, JP Morgan Chase and Financial institution of America.
“I’m thrilled to hitch Galaxy, whose repute as a world-class operator and investor in digital property, digital infrastructure and different rising applied sciences precedes it,” Paquette mentioned in a press launch. “I look ahead to increasing upon Galaxy’s best-in-class finance staff and serving to additional cement the agency because the preeminent business chief.”
Galaxy Digital CEO Mike Novogratz thanked Ioffe for constructing a sturdy finance staff and getting ready the agency for a possible U.S. itemizing.
The Toronto-listed firm has been making an attempt to go public within the U.S. by means of an inventory on Nasdaq for a while. Nonetheless, it’s nonetheless awaiting approval from the Securities and Change Fee (SEC) to maneuver its headquarters from the Cayman Islands to Delaware, which it filed for approval in February 2023.
