Galaxy Primed for Regulatory Windfall – Jefferies Bullish with Buy Rating

Wall Street's crypto darling just got a turbocharged endorsement.

Jefferies slaps a Buy rating on Galaxy Digital, betting big on its ability to surf the coming wave of crypto-friendly regulations. Because nothing makes bankers happier than a regulated playground—except maybe the fees they'll collect.

The analyst call positions Galaxy as the prime beneficiary of Washington's slow-motion embrace of digital assets. Regulatory tailwinds? More like a hurricane for Mike Novogratz's empire.

One hedge fund manager quipped: 'They're not just reading the regulatory tea leaves—they're brewing the whole pot.' Meanwhile, SEC Chair Gary Gensler remains the crypto industry's favorite villain.

As the institutional money floodgates prepare to open, Galaxy's infrastructure play looks smarter by the minute. Just don't ask about their 2022 balance sheet.