05:16 PM EDT, 06/20/2024 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) on Thursday said its said its Galaxy Asset Management unit reported preliminary assets under management of $6.2 billion as of May 31.

The 9.8% increase in preliminary AUM compared to the prior month was primarily driven by market appreciation partially offset by the continued successful liquidation of assets associated with an ongoing opportunistic mandate.

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