Michael Novogratz, the founder of Galaxy Digital, experienced a significant increase in trading activity after Donald Trump won the US presidential race. This resulted in the firm's largest trading day of the year.

Novogratz mentioned that the heightened interest in digital assets was evident in strong trading operations, including lending and derivatives, with counterparties both domestically and internationally. Despite supporting Vice President Kamala Harris during the election, Novogratz felt that the outcome validated the efforts and strategies implemented by Galaxy Digital.

The firm's performance highlights the growing connection between political events and market dynamics in the cryptocurrency sector.