Stock trading cryptocurrency Bank Galaxy Digital Mike Novogratz (Mike Novogratz) after stock exchange TSX Venture Exchange in Toronto have dropped in price by 20% for the first half hour. Moreover, if the stock trades under the Ticker symbol GLXY started from 2.75 canadian dollar ($2,11) per unit, by mid-afternoon they dropped to the level of 1.98 canadian dollar ($1.52 m).

Recall that the process of approval by canadian regulators to start trading shares of the Bank was delayed from January, almost six months. And the results of the first quarter of this year, the initiative of the Novogratz suffered a loss of $134 million, mainly due to the significant drop in the cryptocurrency market.