Galaxy Digital hires veteran hedge fund executive as new CFO

Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role.

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Galaxy Digital Holdings, a financial services and investment firm, has hired former Point72 executive Tony Paquette as its new chief financial officer.

According to an announcement published on Dec. 13, Paquette is set to replace current chief financial officer Alex Loffe, who will move into a senior advisory role on Jan. 1, 2025.

The turnover comes amid a period of financial turmoil for the company and a rapidly changing regulatory environment for cryptocurrency and blockchain technology in the US. 

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