Galaxy Digital Hires Goldman Sachs’ Ian Taylor to Oversee Blockchain Unit
Galaxy Digital Capital Management, Mike Novogratz’s crypto investment bank hired Goldman Sachs banker Ian Taylor to oversee the group’s advisory-services arm. According to sources, Taylor will join Galaxy Digital before January 2019.
Following his Linkedin profile, Taylor was a managing director at Goldman, where he worked for almost 19 years. At Galaxy Digital, he will oversee Galaxy Digital Advisors, a unit that provides blockchain advisory services.
Mike Novogratz was also once a partner at Goldman Sachs. Since raising $250 million in February 2018 to finance Galaxy Digital, Novogratz has taken several top executives away from his former employer.
In April 2018, Novogratz hired Goldman executive Richard Kim to be the chief operating officer of Galaxy Digital. Kim joined Luka Jankovic, a former Goldman analyst who also left traditional finance for crypto.
Novogratz who can pass as one of the richest people in the cryptocurrency industry joins a growing list of finance veterans who are leaving investment banking for crypto.