#USA #New York #Board of Directors #Galaxy Digital #Doug Deason

Doug Deason Joins Galaxy Digital Board of Directors

Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY) has made a significant move by appointing Doug Deason, the president of Deason Capital Services, to its Board of Directors as an independent director, effective immediately. Alongside his board membership, Deason will also contribute to the Nominating and Corporate Governance Committee, thereby strengthening Galaxy's leadership during crucial industry changes.

Doug Deason is well-known in the business sector, especially within the Texas community, due to his extensive experience across various industries, including financial services and real estate. His diverse skill set, enriched by decades of involvement in public markets, enhances Galaxy's strategic direction as it navigates the rapidly evolving landscapes of traditional finance, digital assets, and artificial intelligence.

Mike Novogratz, founder and CEO of Galaxy, highlighted Deason's unique blend of entrepreneurial spirit and strategic acumen. Novogratz remarked, "Doug combines entrepreneurial grit with a strategic understanding of how capital, policy, and markets move." He emphasized that Deason's insights will be invaluable at a time when Galaxy is poised to influence the future of finance and the infrastructure underpinning AI technologies.

Michael Daffey, chairman of Galaxy's board, echoed this sentiment, stating that Deason's background equips the board to effectively tackle the complexity of modern financial challenges. Daffey noted, "His addition strengthens our ability to navigate an increasingly complex environment and lead with greater clarity in this next chapter for Galaxy."

Since 2011, Doug Deason has been at the helm of Deason Capital Services, and his prior leadership roles include CEO of Precept Builders, which is recognized as a significant player in the nationwide commercial construction field. Furthermore, he co-managed Evergreen Realty Partners, a multifamily development firm based in Dallas.

In addition to his corporate achievements, Deason actively participates in several boards, including Great American Media, Ryan, LLC, and the Park Cities Financial Group—a parent company of Dallas Capital Bank. His civic engagement extends to positions on the boards of notable organizations such as MD Anderson Cancer Center and the Texas Public Policy Foundation, showcasing his commitment to community involvement and public service.

Holding a degree in data processing quantitative analysis from the University of Arkansas, Deason is well-equipped for his role as a director in a firm that bridges traditional finance and digital innovation. He has stated, "Galaxy is at the forefront of redefining the intersection of traditional and digital finance." He expressed excitement about joining at such a pivotal moment, ready to aid in advancing Galaxy’s mission of fostering innovation in finance and AI while promoting transparency and fairness across the financial landscape.

Galaxy Digital continues to distinguish itself as a leader in providing solutions that enhance the progression of both finance and artificial intelligence. By navigating the challenges of a dynamic market, the company remains committed to its dual focus on technological advancement and ethical financial practices, addressing the growing need for scalable energy and computational solutions globally. For further details regarding Galaxy's Board of Directors, please visit Galaxy's official board page.

In conclusion, Doug Deason’s appointment reinforces Galaxy Digital’s commitment to leadership and innovation as it forges ahead in a transformative era of finance and technology. With Deason’s extensive background and strong understanding of the industry's nuances, Galaxy is well-positioned to lead in this new chapter, championing both complexity and opportunity in the financial landscape.