Galaxy

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 <p class="is-style-lead">American investment company Galaxy Digital will expand its presence in Europe, appointing new CEO in Europe.</p> 
 <p>Galaxy Digital has appointed Leon Marshall to lead its European operations, seeking <a rel="noopener noreferrer nofollow" title="expansion" href="https://thebittimes.com/tag/expansion.html">expansion</a> opportunities in the region amid Markets in Crypto-Assets (MiCA) <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency regulations. Prior to joining Galaxy, Marshall served as Managing Director and Global Head of Sales at Genesis for over four years.</p> 
 <p>Marshall will lead the company’s <a rel="noopener noreferrer nofollow" title="expansion" href="https://thebittimes.com/tag/expansion.html">expansion</a> into Europe and will also manage operations and key customer relationships. </p> 
 <blockquote class="wp-block-quote"> 
  <p>“Leon’s tremendous leadership skills and strong track record of developing and scaling digital asset products for European institutional investors will be invaluable to us as we continue to scale our operations in the U.K. and continental Europe aggressively.”</p> <cite>Michael Novogratz, Founder of Galaxy Digital</cite> 
 </blockquote> 
 <h2 class="wp-block-heading" id="galaxy-is-looking-for-ways-to-expand-in-europe">Galaxy is looking for ways to expand in Europe</h2> 
 <p>Marshall’s appointment follows the firm’s strategic alliance with DWS, one of Europe’s leading asset managers, to develop a comprehensive suite of digital asset exchange trading (ETP) products in Europe.</p> 
 <p>Along with this, Galaxy Digital has re-applied to become an exchange-traded fund in the US with Invesco in June 2023.</p> 
 <div class="cn-block-related-link"> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Europe’s first bitcoin ETF launches after delaying for a year 
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 <h2 class="wp-block-heading" id="eyes-across-the-atlantic">Eyes across the Atlantic</h2> 
 <p>Amid regulatory uncertainty, many US-based <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> companies are considering <a rel="noopener noreferrer nofollow" title="expansion" href="https://thebittimes.com/tag/expansion.html">expansion</a> into other regions. Europe is seen as an opportunity by <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> firms amid tightening <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies in the US and EU MiCA Act.</p> 
 <p>In particular, <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency exchange Coinbase has sought to expand its operations in Europe, partly in response to the relative regulatory clarity offered by the European Union and the UK. Ripple Labs is also planning to expand in Europe&nbsp;and other <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency-friendly countries. Galaxy Digital also decided to follow.</p> 
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Which European countries are the most ‘crypto-obsessed?’ 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/galaxy-digital-targets-europe-for-crypto-expansion-tbt63593.html">https://thebittimes.com/galaxy-digital-targets-europe-for-crypto-expansion-tbt63593.html</a></p>

Galaxy Digital targets Europe for crypto expansion

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