- Galaxy Digital names Leon Marshall its head of Europe operations.
- The crypto company had recently partnered with DWS in Europe.
- Galaxy Digital shares are down about 30% versus their YTD high.
Leon Marshall to head Galaxy’s European operations
Marshall has been tasked with seeking opportunities and leading the digital assets platform further into Europe. He will remain its global head of sales as well.
Earlier this year, the New York based firm announced a strategic alliance with DWS on digital assets ETPs – exchange-traded products. The asset manager will eventually work with Galaxy Digital on other digital asset solutions as well.
“GLXY” is currently down about 30% versus its year-to-date high at writing.
Europe is turning more attractive for crypto companies
We’re thrilled to name Leon as CEO of Europe, a region critically important to our growth strategy. He’ll be invaluable as we scale our operations in U.K. and continental Europe aggressively.
Earlier in September, the CEO of Ripple Labs – Brad Garlinghouse blasted the U.S. regulators for doing “nothing” to alleviate the situation as he announced plans of expanding in Europe.