Gate News, April 9: Galaxy Digital released its first annual report as a publicly listed company on Nasdaq. Founder and CEO Mike Novogratz said this listing is an announcement that the digital economy has become a reality. Over the past eight years, the company has continued to grow through the crypto industry’s bull-and-bear cycles, regulatory uncertainty, and industry crises, and it remains firmly optimistic that blockchain and digital assets will reshape the global financial system.
With the current U.S. regulatory framework becoming clearer step by step, banks, asset management institutions, and the U.S. government are all accelerating their entry into the space. The industry is shifting from narrative-driven momentum to infrastructure-driven momentum. The company’s strategic focus has shifted toward building compliant financial infrastructure, including on-chain financial rails, custody solutions, and tokenization platforms, to support large-scale on-chain deployment of institutional-grade capital.
At the same time, Galaxy is stepping up its AI infrastructure buildout. Its Helios data center project in the U.S. state of Texas has received approval for more than 1.6 gigawatts of power, and it has entered into an 800-megawatt leasing partnership with AI cloud service provider CoreWeave, corresponding to an investment scale of more than $7.5 billion. Combined with the newly added 830 megawatts of custom construction, the Helios project’s long-term investment scale is expected to exceed $15 billion.
Novogratz said the company plans to continue expanding its global footprint of data centers and digital infrastructure, with the goal of building a portfolio of assets at the billion-dollar level—on the order of the trillion-dollar scale—spanning multiple regions and multiple technologies.
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