Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March

OttoTrader publishedMay 18, 2026, 11:08 PM

Original source timeMay 18, 2026, 5:01 PM

UpdatedMay 18, 2026, 11:08 PM

Source publicationCoinDesk

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Brief context

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What changed

The setup

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push

Why it matters

Trader relevance

Regulatory risk around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March

Trading lens

How to use it

Use this as constructive context from coindesk.com. Watch whether mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push confirms momentum, invalidates active bias, or changes timing.

Themes

Regulation

Source: CoinDesk on coindesk.com.

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