We advised Galaxy on the equity offering

Davis Polk advised Galaxy Digital Inc. in connection with a private strategic investment of 12,777,778 shares of Class A common stock of Galaxy Digital Inc. by a leading asset manager, consisting of 9,027,778 shares issued and sold by Galaxy and 3,750,000 shares sold by certain executive officers of Galaxy, including its Founder and CEO, at a price of $36.00 per share.

Galaxy intends to use the proceeds from the offering for general corporate purposes and to power the buildout of its Helios data center campus.

Based in New York City, Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Galaxy is a trusted partner to more than 1,400 trading counterparties and more than 1,200 asset management clients, with more than 300 portfolio investments and approximately $9 billion in assets managed across its platform.

The Davis Polk capital markets team included partners Daniel P. Gibbons and Joseph A. Hall, counsel Joze Vranicar, associate Sakiko Nishida and law clerks Kristina (Kexin) Wang and Triston Ferguson. Counsel Chaoyuan (Charles) Shi provided ERISA advice. All members of the Davis Polk team are based in the New York office.

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