NOVOGRATZ’S GALAXY POSTS $482M LOSS IN CRYPTO CRASH Galaxy Digital reported a $482 million loss in the fourth quarter, far worse than expected, as falling crypto prices hit its portfolio. Bitcoin dropped 23% during the period, trading volumes fell 40%, and the firm’s shares slid about 5% pre-market. Despite the loss, Galaxy ended the year with $12 billion in assets and $2 billion in net inflows to its asset management business.(*Walter Bloomberg)