Our trading business, Galaxy Trading (“GDT”), provides spot, derivate, and financing liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. GDT provides access to a number of globally traded cryptocurrencies to many unique clients and counterparties across a full suite of service offerings, including: over-the-counter (“OTC”) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured product offerings. GDT also engages in proprietary quantitative, arbitrage and macro trading strategies