Galaxy Digital Asset Management: March 2021 Month End AUM

New York, New York — April 12, 2021 — Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital") announced that its affiliate, Galaxy Digital Asset Management (“GDAM”) reported preliminary assets under management of $1,275.0 million as of March 31, 2021.

Assets Under Management (“AUM”)(a) (In millions) 3/31/21 2/28/21 1/31/21 (b) (b) (b) 12/31/20 11/30/20 10/31/20 9/30/20 8/31/20 7/31/20 6/30/20 5/31/20 4/30/20 3/31/20 Total $1,275.0 $1,051.9 $834.7 $807.3 $572.7 $446.3 $407.4 $404.9 $390.5 $375.3 $375.5 $370.0 $356.2

(a) All figures through 12/31/20 are audited; and all other figures are unaudited. AUM is inclusive of a sub-advised fund, committed in a closed-end vehicle, and seed investments by affiliates. Changes in AUM are generally the result of performance, contributions, and withdrawals. (b) Preliminary

Additional information regarding GDAM funds can be found on our website at https://www.galaxydigital.io/services/asset-management.

About Galaxy Digital Asset Management

Galaxy Digital Asset Management is a diversified asset management firm dedicated to the digital assets and blockchain technology industry. GDAM operates under the legal entity Galaxy Digital Capital Management LP, an SEC registered investment advisor. The firm manages capital on behalf of external clients in two distinct business lines: Galaxy Fund Management and Galaxy Interactive. GDAM’s multi- disciplinary team has deep experience across active and passive portfolio management, capital markets, operations, and blockchain technology. GDAM is a subsidiary of Galaxy Digital, which was founded by Michael Novogratz, a former Principal and Chief Investment Officer of the Fortress Macro Funds, and a former Partner at Goldman Sachs.

About Galaxy Digital Galaxy Digital (TSX:GLXY) is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors. Galaxy Digital's team has extensive experience spanning investing, portfolio management, capital markets, venture capital, asset management, and blockchain technology. Galaxy Digital operates in the following businesses: Trading, Asset Management, Principal Investments, Investment Banking, and Mining. Galaxy Digital's CEO and Founder is Mike Novogratz. The Company is headquartered in New York City, with offices in Chicago, San Francisco, , Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey. Additional information about the Company's businesses and products is available on www.galaxydigital.io.

Disclaimers

GDAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange (“TSX”). The TSX has not approved or disapproved of the information contained herein.

All figures are in U.S. Dollars unless otherwise noted.

For additional information about Galaxy Digital Asset Management, please contact: Stephen Kurz, Head of Asset Management Email: [email protected] Tel: 212.390.9216

For additional information about Galaxy Digital (TSX: GLXY), please contact: Elsa Ballard, Director, Investor Relations Email: [email protected] Tel: 212.390.9216

Steven Wald, Director, Investor Relations Email: [email protected] Tel: (212) 390-9216

All figures are in U.S. Dollars unless otherwise noted.