
Mike Novogratz
Digital asset institutional adoption, Bitcoin investment thesis, crypto market making, macro-to-crypto investor bridge
Mike Novogratz had a distinguished career as a macro trader at Goldman Sachs and then as a partner and portfolio manager at Fortress Investment Group, where he managed their global macro hedge funds. After significant success in traditional finance, he became an early and enthusiastic investor in Bitcoin and Ethereum, famously discussing his crypto positions publicly while still at Fortress — which contributed to his departure. In 2018, he founded Galaxy Digital to bridge institutional finance and digital assets, providing trading, asset management, investment banking, and advisory services in the crypto ecosystem. Novogratz became one of the most prominent voices arguing for institutional Bitcoin adoption, making him a key bridge between Wall Street and the crypto world. His background in macro investing gave credibility to arguments for Bitcoin as a macro store of value.
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