NEWS RELEASE Galaxy Digital Asset Management: August 2021 Month End AUM 9/2/2021 NEW YORK, Sept. 2, 2021 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital") announced that its aliate, Galaxy Digital Asset Management ("GDAM") reported preliminary assets under management of $2,130.8 million as of August 31, 2021. Assets Under Management ("AUM")(a)(In millions) 8/31/21 7/31/21 6/30/21 5/31/21 (b) (b) (b) (b) 4/30/21 3/31/21 2/28/21 1/31/21 12/31/20 11/30/20 10/31/20 9/30/20 8/31/20 Total $2,130.8 $1,628.2 $1,423.5 $1,357.8 $1,615.8 $1,275.0 $1,051.9 $834.7 $807.3 $572.7 $446.3 $407.4 $404.9 (a) All gures through 12/31/20 are audited; and all other gures are unaudited. AUM is inclusive of sub-advised funds, committed capital closed-end vehicles, seed investments by aliates, and fund of fund products. Changes in AUM are generally the result of performance, contributions, withdrawals, and acquisitions. (b) Preliminary, AUM associated with GVH Multi-Strategy FOF LP is as of April 30, 2021. Additional information regarding GDAM funds can be found on our website at https://www.galaxydigital.io/services/asset-management. About Galaxy Digital Asset Management 1 Galaxy Digital Asset Management is a diversied asset management rm dedicated to the digital assets and blockchain technology industry. The rm 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 Ocer of the Fortress Macro Funds, and a former Partner at Goldman Sachs. About Galaxy Digital Galaxy Digital (TSX:GLXY) is a diversied nancial 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 oces in Chicago, San Francisco, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered oce), and New Jersey. Additional information about the Company's businesses and products is available on www.galaxydigital.io. Disclaimers GDAM is an aliate 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 gures are in U.S. Dollars unless otherwise noted. SOURCE Galaxy Digital Holdings Ltd. 2.