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I, along with Galaxy, hold a financial interest in assets mentioned in this podcast. Galaxy regularly engages in buying and selling these assets, including hedging transactions, in Ethereum, Bitcoin, Coinbase, and Robinhood, for its own proprietary accounts and on behalf of its counterparties. Galaxy and/or I have provided services to or received services to vehicles that invest in these assets. If the value of such assets increases, those vehicles may benefit, and Galaxy’s service fees may increase accordingly. For more information, please refer to Galaxy’s public filings and statements. Cryptocurrencies, including Ethereum and Bitcoin, are inherently volatile and risky and ultimate market movements may not align in whole or in part with perspectives expressed here.

For additional risks related to digital assets, please refer to the risk factors contained in filings Galaxy Digital Inc. makes with the Securities and Exchange Commission (the “SEC”) from time to time, including in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 5, 2025, available at www.sec.gov. This communication is for informational purposes only and is not intended to be an offer or solicitation to buy or sell any named assets or other financial instrument. Readers should consult with their own advisors and rely on their independent judgement when making financial or investment decisions. Information in this disclaimer is accurate as of the time and date of this posting and will not be updated to reflect any subsequent developments. For Galaxy’s full social media disclaimer, please visit: https://www.galaxy.com/social-disclaimer/.

Certain statements in this podcast reflect Galaxy’s views, estimates, opinions or predictions (which may be based on proprietary models and assumptions, including, in particular, Galaxy’s views on the current and future market for certain digital assets), and there is no guarantee that these views, estimates, opinions or predictions are currently accurate or that they will be ultimately realized. To the extent these assumptions or models are not correct or circumstances change, the actual performance may vary substantially from, and be less than, the estimates included herein. None of Galaxy nor any of its affiliates, shareholders, partners, members, directors, officers, management, employees or representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of any of the information or any other information (whether communicated in written or oral form) transmitted or made available to you. Each of the aforementioned parties expressly disclaims any and all liability relating to or resulting from the use of this information. Certain information contained herein (including financial information) has been obtained from published and non-published sources. Such information has not been independently verified by Galaxy and, Galaxy, does not assume responsibility for the accuracy of such information.

The foregoing does not constitute a "research report" as defined by FINRA Rule 2241 or a "debt research report" as defined by FINRA Rule 2242 and was not prepared by Galaxy Digital Partners LLC. For all inquiries, please email [email protected]. ©Copyright Galaxy Digital Holdings LP 2025. All rights reserved.

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