And, in that same earnings call earlier this year, Novogratz said Galaxy hired some traders based in Hong Kong.
Just this week, Societe General 's crypto arm received approval by France's financial regulator to offer crypto services, including crypto assets.
The next month, Hong Kong implemented a new licensing regime so crypto exchanges can serve retail customers.
Hong Kong, in particular, has tried to position itself as an international hub for crypto.
Galaxy Chief Investment Officer Chris Ferraro echoed that sentiment in a recent "Crypto World" interview.
Persons:
–, Mike Novogratz, Brian Armstrong, Novogratz, Cantor Fitzgerald's Elliot Han, Dean Sovolos, Lily King, Cobo, Owen Lau, Chris Ferraro, Kraken –, Binance, Han, we're
Organizations:
BlackRock, SEC, Washington, Galaxy, United, Gemini, Payment, Societe, European Union, Crypto, Assets Regulatory Authority, Financial, Oppenheimer, U.S, Coinbase, Huobi, BTC
Locations:
U.S, Europe, Hong Kong, Abu Dhabi, Dubai, Bermuda, United Arab Emirates, Asia, Gurgaon, India, Singapore, United States, East, VARA, B2C2, Silicon, London, Berlin, China