Galaxy Digital Inc. (GLXY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Galaxy Digital Second Quarter 2025 Earnings Call. Today's call is being recorded. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and 1 on your telephone. To withdraw your question, please press star and 2. At this time, I would like to turn the conference over to Jonathan Kodofsky, Head of Investor Relations. Please go ahead, sir. Good morning, and welcome to Galaxy's second quarter 2025 earnings call. Before we begin, please note that our remarks, including answers to your questions, may include forward-looking statements. Actual results could differ materially from those described in these statements as a result of various factors, including those identified in the disclaimers in our earnings release or other filings, which have been filed with the U.S. Securities and Exchange Commission and on CDAR+. Forward-looking statements speak only as of today and will not be updated. Additionally, we may discuss references to non-GAAP metrics, the reconciliations of which can also be found in our earnings release. Finally, none of the information on this call constitutes a recommendation, solicitation, or offer by Galaxy or its affiliates to buy or sell any securities. With that, I'll turn it over to Mike Novogratz, founder and CEO of Galaxy. Yeah, good morning, everyone. I don't really give a weather report, and it's pretty darn nice here in New York. Listen, this is our first earnings call after being a U.S. public-listed company, so that's exciting. Tony and Chris are going to go through the second quarter in pretty good detail. I think of these things as a little strange in that we're always looking backwards, talking about what we did, and my job is to look forward to not ...