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Galaxy Digital Partners With Bakkt And Fidelity Digital Assets To Store Bitcoin Fund Holdings

Roland James

Summary: Galaxy Digital, the cryptocurrency investment bank, has teamed up with Bakkt and Fidelity Digital Assets to store Bitcoin for its two new funds. The funds launched on Tuesday are designed for accredited institutional investors with standard tax documentation and client service support. The Galaxy Bitcoin Fund will need at least a $25,000 investment with optional ...

Galaxy Digital, the cryptocurrency investment bank, has teamed up with Bakkt and Fidelity Digital Assets to store Bitcoin for its two new funds.

The funds launched on Tuesday are designed for accredited institutional investors with standard tax documentation and client service support. The Galaxy Bitcoin Fund will need at least a $25,000 investment with optional quarterly redemptions. While the Galaxy Institutional Bitcoin Fund will necessitate a larger minimum the $25,000 and will allow for weekly withdrawals.

By Roland James

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Link: Galaxy Digital Partners With Bakkt And Fidelity Digital Assets To Store Bitcoin Fund Holdings   [Copy]
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