05:23 PM EST, 11/21/2024 (MT Newswires) -- Galaxy Digital ( BRPHF ) after trade Thursday said its Galaxy Asset Management unit had preliminary assets under management (AUM) of $4.82 billion as of Oct. 31.

Funds, which consist of AUM held in Galaxy Asset Management's active, passive, and venture funds, accounted for $4.42 billion, according to the statement.

The 4% increase from the previous month, which stood at $4.64 billion, was mainly due to market gains and net inflows into Galaxy Asset Management's funds, the company said.

The company's shares closed down $0.42 to $23.80 on the Toronto Stock Exchange.