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Seeking Alpha 2022-07-07 20:04:34

Galaxy Digital names Credit Suisse's Danielle Johnson as global head of distribution: CoinDesk

Some individuals from Wall Street firms appear unbothered by cryptos' cyclical slump, as Michael Novogratz's Galaxy Digital (OTCPK:BRPHF) has appointed Danielle Johnson, a former managing director at Credit Suisse (CS), as its global head of distribution, CoinDesk reported Thursday, citing a memo.Johnson, who most recently led Credit Suisse's (CS) venture capital arm in New York, will oversee Galaxy's (OTCPK:BRPHF) institutional global sales and product strategy as well as general client services, the memo read, as reported by CoinDesk. Prior to her time at Credit Suisse (CS), Johnson, who will now report to Galaxy (OTCPK:BRPHF) co-President Chris Ferraro, she worked at Goldman Sachs (GS) for over 20 years, CoinDesk noted.Shares of BRPHF are climbing around 11% in afternoon trading, as bitcoin (BTC-USD) +7.3% jumps firmly above $20K, standing at $21.8K over the past 24 hours. Still, the world's largest digital token by market cap is off around 60% from its November peak.In mid-June, Novogratz said crypto is near a bottom.

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