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Jan. 11, 2019

Cryptocurrency-focused investment fund Galaxy Digital Bank has begun OTC (over-the-counter) trading and two-sided liquidity solutions of Zcash, according to the official announcement.

Zcash is a cryptocurrency (ZEC/USD) that is famous in crypto community for its anonymity.

Novogratz’s Crypto Fund Begins OTC Trading of Zcash
z.cash

"Galaxy Digital Trading (GDT) brings world-class experience from traditional finance to the crypto space. Their support reinforces Zcash as one of the premier projects in the cryptocurrency space," the announcement states.

Global Head of Sales for Galaxy Digital, Yoshi Nakamura, claims the fund is "excited to welcome" Zcash into its list of tokens that we trade OTC.

The whole 2018 wasn’t lucky not only for bitcoin (BTC) but also for those, who decided to launch crypto-related business despite the gradual market decline.

Galaxy Digital lost almost $136 million in 2018, according to the revealed Financial Results and Provides Corporate Updates. The report states that net realized and unrealized losses at Galaxy Digital totaled about $41 million in the Q3, 2018.

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