Associate Director-General of Investment Promotion, Mr Charles Ng, said, “Our government has been proactive in driving new policy initiatives to facilitate the development of digital assets and blockchain technology. Combined with Hong Kong’s advantages as a global financial centre, this makes the city an ideal place for Galaxy to expand its business. We wish Galaxy continued success in Hong Kong and beyond.”
Headquartered in New York, US, Galaxy is a leading digital assets-focused financial services firm, employing more than 510 people worldwide. With key business areas focusing on global markets, asset management, and digital infrastructure solutions, Galaxy is well positioned to empower protocols and institutional investors alike. Following its recent business expansion in Hong Kong, Galaxy anticipates better serving institutional clients who are looking to tap into the broader digital asset market in Asia, whether it is accessing trading, investment banking, asset management and digital infrastructure services, according to the Chief Operating Officer of Galaxy Asia, Mr John Cahill.
He said, “We chose to further invest in Hong Kong because of the city’s multiple unrivalled advantages, such as its favourable regulatory environment, the presence of a sophisticated investor base, and its strategic position as a gateway to the Asian market. Additionally, Hong Kong's infrastructure for digital finance and blockchain technology provides a conducive environment for innovation and growth.”
Mr Cahill continued, “Our goal is to strengthen Galaxy's market position in Asia and provide tailored services to local clients, enhancing operational efficiency and client engagement. Since our initial setup in Hong Kong, we have expanded our services and product offerings across trading and blockchain infrastructure to meet the growing demand for institutional-grade solutions. Going forward, we hope to expand our Asia team in trading and broaden our reach to deliver the full Galaxy global experience across verticals.”
For more information about Galaxy, please visit www.galaxy.com.
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