Mike Novogratz is an ex-hedge fund manager who has a rich past in legacy markets but left it for digital assets in 2015. Novogratz previously led the Fortress Investment Group, an American investment management firm based in NY that manages $53 billion of assets.
While he has made most of his success in TradFi, Novogratz moved on to the crypto sector by founding Galaxy Digital - an investment management firm focused on the blockchain industry.
"The decentralized revolution, which Bitcoin has remained the poster child of, is a response to the breakdown of trust.”
Among the crypto community, Novogratz is popular for being one of the market’s biggest bulls. He had consistently called for new all-time highs, even at times when market conditions were unfavorable. With a relentless approach and deep conviction Novogratz has earned himself an excellent reputation and standing with crypto investors.
Due to his high net worth and success in TradFi, Novogratz is a serious figure in mainstream circles. The investment expert used his connections and good standing to spread the word about Bitcoin in various interviews with mainstream media outlets over the past few years.
Novogratz is spreading awareness of cryptocurrencies in 2021 as well. Notable examples include calling institutional investors to allocate 1% of their wealth to cryptocurrencies and confirming that institutions are yet to join the digital assets market in full force.