Improved access to bitcoin and other digital asset products, as well as educational resources, helps advisors with growing client interest.
Galaxy Digital Holdings Ltd. (TSXV: GLXY), through its asset management affiliate Galaxy Digital Capital Management LP, and CAIS, the industry leading alternative investment platform, today announced a strategic partnership providing financial advisors with streamlined access to Galaxy Digital Asset Management’s investment products, plus educational resources spanning blockchain and digital assets. The partnership increases awareness and knowledge of blockchain and digital assets at a critical time for advisors, who are experiencing increased client demand for related products.
“CAIS’ reputation as the platform of choice for advisors seeking alternative investment access and education makes them the perfect partner,” said Mike Novogratz, CEO of Galaxy Digital. “With the current macro environment and heightened interest in digital assets, it’s more important than ever that we empower advisors to have informed client conversations, and arm them with institutional-quality products that can integrate easily into client portfolios”, continued Novogratz.
“Galaxy Digital is a best-in-class provider for blockchain and digital asset investment solutions. They’re the market-leader in the institutionalization of this space, and that’s why we’re proud to have them as our digital assets platform partner,” said Matt Brown, CEO of CAIS. “Because advisors are more focused than ever on learning more about digital assets, partnering with Galaxy aligns perfectly with our goal to bring improved transparency and deeper understanding to all alternative investment strategies,” continued Brown.
The CAIS platform offers financial advisors access to a complete end-to-end solution, including a broad selection of alternative investment funds and products, independent due diligence from Mercer, tools, and analytics, a streamlined investment process, and integration with custodians for greater reporting accuracy.
CAIS IQ, the artificial intelligence-powered learning platform that helps financial advisors learn faster, remember longer, and enhance client outcomes, will use cutting-edge technology to educate advisors about blockchain, digital assets, and bitcoin. Both the Investment & Wealth Institute (IWI) and the Certified Financial Planner (CFP) Board offer Continuing Education credit through CAIS IQ.
“Three out of four financial advisors have received client questions about digital assets and blockchain technology, and over half are likely to allocate client portfolios to bitcoin over the next twelve months,” said Steve Kurz, Galaxy Digital’s Head of Asset Management. “Our groundbreaking partnership with CAIS will both prepare advisors to have thoughtful client conversations about digital assets, and provide institutional-quality digital asset solutions for client portfolios,” continued Kurz.
The CAIS partnership builds upon Galaxy’s existing strategic relationships, which include Bloomberg for data integrity and standardization via the Bloomberg Galaxy Crypto Index (BGCI), and ICE/Bakkt for institutional bitcoin custody.
About Galaxy Digital
Galaxy Digital Holdings Ltd. (TSXV: GLXY) is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sector. Galaxy Digital’s team has extensive experience spanning investing, portfolio management, capital markets, operations, asset management, and blockchain technology. Galaxy Digital currently operates four distinct business lines, which include: Trading, Asset Management, Principal Investments, and Advisory Services. Galaxy Digital’s CEO and Founder is Michael Novogratz. The Company is headquartered in New York City, with offices in San Francisco, London, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey. Additional information about the Company’s businesses and products is available on www.galaxydigital.io and www.galaxyfundmanagement.com
About Galaxy Digital Capital Management LP
Galaxy Digital Capital Management LP, an SEC-registered investment advisor, is a diversified asset management firm dedicated to the digital assets and blockchain technology industry. The firm manages capital on behalf of external clients through its Galaxy Fund Management unit, which manages two passive, exposure-oriented digital assets products, as well as its Galaxy Interactive unit, which manages an interactive software and blockchain-oriented venture strategy. Galaxy Digital Capital Management’s multi-disciplinary team has deep experience across active and passive portfolio management, capital markets, operations, and blockchain technology. The firm is a subsidiary of Galaxy Digital Holdings.
CAIS is the pioneer in democratizing access to and education about alternative investments for independent financial advisors, empowering them to engage and transact with leading asset managers on a massive scale. CAIS delivers industry-leading technology, operational efficiency, and world-class client service throughout the pre-trade, trade, and post-trade experience.
CAIS provides advisors with a broad selection of alternative investment strategies, including hedge funds, private equity, private debt, real estate, digital assets, and structured notes, allowing them to capitalize on opportunities and withstand ever-changing markets. CAIS also helps advisors create custom fund vehicles around ideas they source.
As an extension of the platform, CAIS delivers an on-demand, online learning experience, CAIS IQ, which is designed exclusively to help advisors deepen their knowledge and increase their confidence in alternative investment strategies.
Most funds listed on the CAIS alternative investments marketplace undergo Mercer's independent due diligence and ongoing monitoring. CAIS streamlines the end-to-end transaction process through digital subscriptions and integrated reporting with the leading US custodians and reporting providers, which makes investing in alternatives simpler.
Founded in 2009, CAIS, a fintech leader, supports over 32,000 advisors who oversee more than $4 trillion in network assets. Since its inception, CAIS has facilitated over $30 billion in transaction volume. CAIS has offices in New York, Los Angeles, Austin, and London. For more information about CAIS, please visit www.caisgroup.com.
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