Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says
ReadOther tailwinds include Robinhood’s recent agreement to buy Bitstamp , where Galaxy acted as exclusive financial advisor to the crypto exchange, with the deal underscoring the firm’s investment banking capabilities, the authors wrote. Galaxy also owns the Helios mining facility in west Texas, which could see appreciation if energy hungry artificial intelligence companies continue to seek out deals with bitcoin miners such as the recent Core Scientific (CORZ) approach.