Mike Novogratz intends to build the Goldman-Sachs of Crypto, called Galaxy Digital LP and have it listed on the TSX in Canada.
Novogratz's plans involve raising over $200 Million to build a “best-in-class, full service, institutional-quality merchant banking business in the cryptocurrency and blockchain space.” The potential FIRST EVER brick and mortar Crypto bank, is looking to be active in four major areas; trading, principal investing, asset management and advisory work.
Is this really the beginning of the FIRST EVER, brick and mortar, Crypto Bank?
Time Will Tell. :)