Galaxy Digital Holdings Ltd., through its asset management affiliate Galaxy Digital Capital Management LP, and CAIS, an alternative investment platform, today announced a strategic partnership providing financial advisors with streamlined access to Galaxy Digital Asset Management’s investment products. Additionally, there will be access to educational resources spanning blockchain and digital assets.
The partnership increases awareness and knowledge of blockchain and digital assets at a critical time for advisors, who are experiencing increased client demand for related products, according to the statement.
“CAIS’ reputation as the platform of choice for advisors seeking alternative investment access and education makes them the perfect partner,” said Mike Novogratz, CEO of Galaxy Digital. “With the current macro environment and heightened interest in digital assets, it’s more important than ever that we empower advisors to have informed client conversations and arm them with institutional-quality products that can integrate easily into client portfolios.”
“Galaxy Digital is a best-in-class provider for blockchain and digital asset investment solutions. They’re the market-leader in the institutionalization of this space, and that’s why we’re proud to have them as our digital assets platform partner,” said Matt Brown, CEO of CAIS.
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“Because advisors are more focused than ever on learning more about digital assets, partnering with Galaxy aligns perfectly with our goal to bring improved transparency and deeper understanding to all alternative investment strategies,” he added.
The CAIS platform offers financial advisors access to a complete end-to-end solution, including a broad selection of alternative investment funds and products, independent due diligence from Mercer, tools and analytics, a streamlined investment process, and integration with custodians for greater reporting accuracy.
CAIS IQ, an artificial intelligence-powered learning platform that helps financial advisors learn faster, remember longer, and enhance client outcomes, will use cutting-edge technology to educate advisors about blockchain, digital assets, and bitcoin. Both the Investment & Wealth Institute (IWI) and the Certified Financial Planner (CFP) Board offer Continuing Education credit through CAIS IQ.
“Three out of four financial advisors have received client questions about digital assets and blockchain technology, and over half are likely to allocate client portfolios to bitcoin over the next twelve months,” said Steve Kurz, Galaxy Digital’s Head of Asset Management. “Our groundbreaking partnership with CAIS will both prepare advisors to have thoughtful client conversations about digital assets, and provide institutional-quality digital asset solutions for client portfolios.”
The CAIS partnership builds upon Galaxy’s existing strategic relationships, which include Bloomberg for data integrity and standardization via the Bloomberg Galaxy Crypto Index (BGCI), and ICE/Bakkt for institutional bitcoin custody.