Galaxy Digital Holdings has announced the appointment of Tony Paquette as its new CFO, taking over from Alex Loffe, who will transition to a senior advisory role in 2025. Paquette, with a rich background from Point72, SoFi, and JPMorgan Chase, joins amid financial challenges and evolving US crypto regulations. Despite a $54 million net loss last quarter, Galaxy remains optimistic, buoyed by the incoming Trump administration's pro-crypto stance. Trump aims to position the US as a crypto leader, though CEO Michael Novogratz is skeptical about a Federal Bitcoin reserve.