Exhibit 21.1
SUBSIDIARIES OF GALAXY DIGITAL INC.
| Subsidiary name | Jurisdiction of incorporation | |
| Galaxy Group Investments LLC (f.k.a. Novofam LLC) ("GGI") | Delaware | |
| Galaxy Digital Holdings Ltd. (f.k.a. Bradmer Pharmaceuticals Inc.) | Cayman Islands | |
| Galaxy Digital Holdings GP LLC | Cayman Islands | |
| Galaxy Digital Holdings LP ("GDHLP") | Cayman Islands | |
| GDH Intermediate LLC | Delaware | |
| Galaxy Digital GP LLC | Cayman Islands | |
| Galaxy Digital LP ("GDLP") | Cayman Islands | |
| First Coin Capital Corp. | Canada | |
| Galaxy Digital Trading LLC | Delaware | |
| Galaxy Digital Trading Cayman II LLC | Cayman Islands | |
| Galaxy Digital Trading Japan Quant GK | Japan | |
| Galaxy Digital Trading Ireland Limited | Ireland | |
| Galaxy Digital Prime Services LLC (f.k.a. Galaxy Prime Services LLC) (f.k.a. Galaxy Digital II LLC) | Delaware | |
| Galaxy Digital LLC | Delaware | |
| Galaxy Digital UK Limited ("GDUK") | UK | |
| Galaxy Digital Trading Japan KK | Japan | |
| Galaxy Digital Trading Cayman LLC | Cayman Islands | |
| Galaxy Digital Services HK Limited | Hong Kong | |
| Galaxy Digital Trading HK Limited | Hong Kong | |
| Galaxy Digital Crypto Lending LLC | Delaware | |
| Galaxy Digital Crypto GP LLC | Delaware | |
| Galaxy Digital Capital Management GP LLC | Cayman Islands | |
| Galaxy Digital Capital Management LP | Cayman Islands | |
| Galaxy EOS VC Fund GP LLC | Cayman Islands | |
| Galaxy EOS VC Fund LP | Cayman Islands | |
| Galaxy EOS VC Fund 2 LLC | Delaware | |
| Galaxy Crypto Index Fund GP, LLC (f.k.a. Galaxy Benchmark Crypto Index Fund GP LLC) (f.k.a. Galaxy Digital Benchmark Crypto Index Fund GP, LLC) | Cayman Islands | |
| Galaxy Crypto Index Fund, L.P. (f.k.a. Galaxy Benchmark Crypto Index Fund, L.P.) (f.k.a. Galaxy Digital Benchmark Crypto Index Fund, L.P.) | Delaware |
| Galaxy Crypto Index Offshore Fund, Ltd. (f.k.a. Galaxy Benchmark Crypto Index Offshore Fund, Ltd.) (f.k.a. Galaxy Digital Benchmark Crypto Index Offshore Fund, Ltd.) | Cayman Islands | |
| Galaxy Crypto Index Master Fund, L.P. (f.k.a. Galaxy Benchmark Crypto Index Master Fund, L.P.) (f.k.a. Galaxy Digital Benchmark Crypto Index Master Fund, L.P.) | Cayman Islands | |
| Galaxy Institutional Bitcoin Fund GP LLC | Delaware | |
| Galaxy Institutional Bitcoin Fund LP | Delaware | |
| Galaxy Institutional Bitcoin Fund, Ltd. | Cayman Islands | |
| Galaxy Institutional Bitcoin Master Fund, LP | Cayman Islands | |
| Galaxy Bitcoin Fund GP LLC | Delaware | |
| Galaxy Bitcoin Fund LP | Delaware | |
| Galaxy Digital Ventures LLC | Delaware | |
| Galaxy Digital Ventures Cayman LLC | Cayman Islands | |
| Galaxy Digital Lending LLC | Delaware | |
| Galaxy Lending SPV I LLC (f.k.a., BlockFi SPV 1 LLC) | Delaware | |
| Galaxy Digital Lending Services LLC | Cayman Islands | |
| Galaxy Digital Partners LLC (f.k.a., Galaxy Digital Advisors LLC) | New York | |
| Galaxy Digital Labs LLC | Delaware | |
| Galaxy Digital Labs Cayman LLC | Cayman Islands | |
| Galaxy Digital Services LLC | Delaware | |
| Galaxy Digital Services II LLC | Delaware | |
| Galaxy Digital Mining LLC | Delaware | |
| Galaxy Blue Fire Holdings, LLC | Delaware | |
| Blue Fire Capital, LLC | Illinois | |
| Blue Fire Capital Europe Cooperatief U.A. | Netherlands | |
| Galaxy DBL, LLC | Delaware | |
| Galaxy Institutional Ethereum Fund GP LLC | Delaware | |
| Galaxy Institutional Ethereum Fund LP | Delaware | |
| Galaxy Institutional Ethereum Fund, Ltd. | Cayman Islands | |
| Galaxy Institutional Ethereum Master Fund, LP | Cayman Islands | |
| Galaxy Ethereum Fund GP LLC | Delaware | |
| Galaxy Ethereum Fund LP | Delaware | |
| Galaxy Interactive Fund I GP LLC | Delaware | |
| Galaxy Interactive Fund I, LP | Delaware | |
| Galaxy Interactive Offshore Fund I LP | Cayman Islands | |
| Galaxy Interactive Fund I Masterworks Blocker LLC | Delaware | |
| Galaxy Bitcoin Impact Fund GP, LLC | Delaware |
| Galaxy Bitcoin Impact Fund, LP | Delaware | |
| Galaxy Bitcoin Liquidity Fund GP, LLC | Delaware | |
| Galaxy Bitcoin Liquidity Fund, LP | Delaware | |
| Galaxy Bitcoin Liquidity Fund, Ltd. | Cayman Islands | |
| Galaxy Ethereum Liquidity Fund GP, LLC | Delaware | |
| Galaxy Ethereum Liquidity Fund, LP | Delaware | |
| Galaxy Ethereum Liquidity Fund Ltd | Cayman Islands | |
| Galaxy Liquidity Funds GP, LLC | Delaware | |
| Galaxy Vision Hill Advisors LLC | Delaware | |
| Galaxy Vision Hill Asset Management LLC | Delaware | |
| Galaxy Vision Hill Group LLC | Delaware | |
| GVH Multi-Strategy FoF LP (f.k.a. Vision Hill Fund I, LP) | Delaware | |
| GVH Offshore Multi-Strategy FoF GP LLC | Delaware | |
| GVH Offshore Multi-Strategy FoF LP | Cayman Islands | |
| GVH Offshore Venture FoF I GP LLC | Delaware | |
| GVH Offshore Venture FoF I LP | Cayman Islands | |
| GVH Venture FoF I Intermediate LLC | Delaware | |
| GVH Venture FoF I LP | Delaware | |
| Galaxy Digital Qualified Opportunity Zone Business LLC | Delaware | |
| Galaxy Digital Qualified Opportunity Fund LP | Delaware | |
| Galaxy Digital Qualified Opportunity Fund GP LLC | Delaware | |
| Galaxy Digital Pubco Inc. | Delaware | |
| Galaxy Digital Funds LLC | Delaware | |
| Galaxy Digital Sponsor LLC | Cayman Islands | |
| Galaxy Digital Capital Corp. | Cayman Islands | |
| GDH Titan Merger Sub 1, Inc. | Delaware | |
| GDH Titan Merger Sub 2, Inc. | Delaware | |
| Galaxy Digital Smart Beta Fund LLC | Delaware | |
| Galaxy Digital Crypto Vol Fund LLC | Delaware | |
| DBL Digital Crypto Lending Fund, LLC | Delaware | |
| DBL SPV Series, LLC | Delaware | |
| Galaxy Digital Trading Japan Quant 2 GK | Japan | |
| Galaxy Defi Index Fund | Delaware | |
| Galaxy Defi Index Fund, Ltd. | Cayman Islands | |
| Galaxy Bitcoin ETF | Delaware | |
| Galaxy ETF Trust | Delaware | |
| Galaxy Bitcoin Strategy ETF | Delaware | |
| Galaxy Interactive SPV I, LP | Delaware | |
| GVH Market Neutral FoF GP LLC | Delaware | |
| GVH Market Neutral FoF LP | Delaware |
| Galaxy Institutional Solana Fund GP, LLC | Delaware | |
| Galaxy Institutional Solana Fund, LP | Delaware | |
| Galaxy Institutional Solana Fund, Ltd. | Cayman Islands | |
| Galaxy Institutional Solana Master Fund, LP | Cayman Islands | |
| Kings Cross Trust | British Virgin Islands | |
| Kings Cross Execution Services Ltd | British Virgin Islands |
