Galaxy Digital (GLXY) by Michael Novogratz hired Zac Prince as managing director, according to an internal note seen by Coindesk.
Prince will work in close collaboration with the president of Galaxy, Chris Ferraro, to extend the supply of digital assets of the company.
Galaxy believes that crypto is entering a “transformation pivot era” and has hired Prince to help deliver the strategic vision of the company, the company said in the memo.
He joined the real estate consulting company, Re Cost Seg, where he was employed as CEO for last year.
Prince is well known in the industry. He is the former CEO and co-founder of the Blockfi bankruptcy cryptography lender.
Galaxy hired the former Chief Executive Officer of Point72, Anthony Paquette, to play in the same role in the Crypto financial services company, said in December.
Read more: Michael Novogratz’s Galaxy names the old point72 Exec as financial director
