05:10 PM EDT, 04/18/2024 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) said Thursday that its affiliate, Galaxy Asset Management, reported preliminary assets under management (AUM) of $7.8 billion as of March 31..

The 23.3% decrease in preliminary AUM compared to the prior month was primarily driven by the liquidation of assets associated with an ongoing opportunistic mandate, partially offset by market appreciation.

Galaxy is a digital asset and blockchain company providing access to the digital economy.