Bitcoin Believer Novogratz May Salvage Struggling Crypto Startups With $250M

There may be a drought in the broader retail Bitcoin market, but in the crypto financier space, spirits seem to be as high as ever. Well, that’s what Mike Novogratz, the founder of merchant bank Galaxy Digital, thinks anyway. Just recently, the former Wall Street investor, who held stints at Fortress Financial and Goldman Sachs, purportedly began a search for funding in the nine-digit realm.
Related Reading: Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market