Mike Novogratz, the legend of the financial world, is setting up a crypt money bank

Billionaire Mike Novogratz is preparing to open a trade bank for crypto-currencies and Blockchain-based ventures planning to open to the public.

According to the activity plan provided by Novogratz, the bank will operate in four areas: trade, major investment, asset management and consulting activities. The name of the bank will be Galaxy Digital LP.

Novogratz, who described last year's rise in Bitcoin, Ether, Ripple and other crypto parables as "the biggest bubble of our lives," said Blockchain would reshape the finance industry as it did the internet.

Mike Novogratz presented the road map
According to Novogratz's roadmap, Galaxy will first acquire Canadian-based First Coin Capital Corp, a wholly owned subsidiary of Bradmer Pharmaceuticals Inc. through reverse takeover. The company will also prepare a special payment plan of $ 201 million next month.

The business man, a former wolf of the financial world, spent more than a decade in the Goldman Sachs Group, then headed Fortress Investment Group LLC and led the Fortress Macro Fund until 2015.

"Goldman Sachs of the crypto money world"
According to an unnamed source, Novogratz wants to make this new formation the "Goldman Sachs of the crypto money world". It is also stated that Novogratz has transferred an important source of $ 400 million from the Bitcoin, Ether, ICO and startup investments to the Galaxy.

Names and career notes to be included in the board of directors of the company are as follows:

Mike Novogratz - President and CEO
Richard Tavoso (Formerly: Global Arbitrage Manager of RBC Capital Markets)
Christopher Ferraro (Formerly: HPS Investment Partners and BlackRock Kelso Capital Advisors)
David Namdar (Formerly: Millenium Partners and UBS AG)

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