Important Risk Information
Prospective investors should carefully read the Private Placement Memorandum of the fund in its entirety prior to investing. However, the contents of the Private Placement Memorandum should not be considered to be investment, legal or tax advice, and each prospective investor should consult with its own counsel and advisers as to all matters concerning an investment in the fund. No offer of interests in the fund will be made except pursuant to the Private Placement Memorandum of the fund.
Investors in the Fund must meet eligibility criteria as set forth in the Memorandum and the other offering documents of the Fund. The minimum initial subscription to the Fund is $5,000,000 for entity investors and $1,000,000 for individual/natural person investors.
Risk of Loss. No guarantee or representation is made that the Fund’s investment program will be successful. Investment results may vary substantially over time. No assurance can be made that profits will be achieved and there is the potential for substantial or complete loss of your investment. An investment in a private placement is highly speculative, involving a high degree of risk and a potential lack of liquidity.
The Fund is not a deposit of any bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund is not a “money market fund” registered with the U.S. Securities and Exchange Commission, and while the Fund may invest in similar instruments and employ similar rules and limitations, the Fund is not subject to the various rules and limitations that apply to such registered money market funds.
Low Short-Term Interest Rates. During market conditions in which short-term interest rates are at low levels, the Fund’s yield can be very low. During these conditions, it is possible that the Fund will generate an insufficient amount of income to pay its expenses, and that it may have a negative yield (i.e., it may lose money on an operating basis).
Focused Investment Risk. The Fund is expected to invest a large percentage of its assets in treasury securities, which may result in more risk or greater volatility in returns than if the Fund’s investments were less focused.
U.S. Treasury Obligations Risk. U.S. Treasury obligations may differ from other securities in their interest rates, maturities, times of issuance and other characteristics. Similar to other issuers, changes to the financial condition or credit rating of the U.S. government may cause the value of the Fund’s U.S. Treasury obligations to decline.
Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase. The Fund’s investment return on such transactions will depend on the counterparty’s willingness and ability to perform its obligations under a repurchase agreement. If the Fund’s counterparty should default on its obligations and the Fund is delayed or prevented from recovering the collateral, or if the value of the collateral is insufficient, the Fund may realize a loss.
Galaxy Digital is a publicly traded company listed on the Toronto Stock Exchange. Financial information and press releases can be found by following this link.
Galaxy has never lost assets as a result of any reason other than investment-related loss (e.g. hack, loss of private keys, counterparty failure, etc.). Additionally, Galaxy employs a layered security approach including perimeter defenses, MFA, endpoint protections, encryption in transit and at rest as well as security monitoring tools and processes, annual penetration tests and security policies. The information contained herein may not be reproduced or redistributed in whole or in part, in any format, without the express written approval of Galaxy Digital. Any statement, express or implied, contained within these materials is subject, in all cases, to the actual terms of an agreement entered into with Galaxy Digital on a principal basis. You should make your own investigations and evaluations of the Information. The Information is being provided solely for informational purposes about Galaxy Digital and may not be used or relied on for any purpose (including, without limitation, as legal, tax or investment advice) without the express written approval of Galaxy Digital. The Information is not an offer to buy or sell, nor is it a solicitation of an offer to buy or sell, any investment banking services, securities, futures, options, commodities or other financial instruments or to participate in any investment banking services or trading strategy. Nothing contained in this document constitutes investment, legal or tax advice. Such an offer or solicitation may only be made by delivery of the respective Fund’s confidential Private Placement Memorandum (the “Memorandum”) and subscription documents that contain a more detailed description of all the material terms of such an investment, including discussions of certain specific risk factors, conflicts or potential conflicts of interest, tax considerations, fees and other matters relevant to prospective investors in the Fund. This presentation is expressly qualified in its entirety by reference to the respective Fund’s Memorandum and subscription documents. The information provided herein is not intended to be, and should not be, considered a substitute for reviewing such documents carefully and in their entirety. Any decision to make an investment or enter into a transaction should be made after conducting such investigations as the investor deems necessary and consulting the investor’s own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of an investment. Any decisions based on the Information are the sole responsibility of the reader. Investing in the Funds involve a substantial degree of risk. There can be no assurance that the investment objectives described herein will be achieved. Any investment in the Funds may result in a loss of the entire amount invested. Investment losses may occur, and investors could lose some or all of their investment. No guarantee or representation is made that the investment strategy, including, without limitation, its business and investment objectives, diversification strategies or risk monitoring goals, will be successful, and investment results may vary substantially over time. Nothing herein is intended to imply that the investment methodology may be considered “conservative”, “safe”, “risk free”, or “risk averse.” Certain information contained herein constitutes forward-looking statements, which can be identified by the use of terms such as “may”, “will”, “should”, “expect”, “anticipate”, “project”, “estimate”, “intend”, “continue” or “believe” (or the negatives thereof) or other variations. No Guarantee of Return or Performance. The obligations or performance of the Fund or the returns on investments in the Fund are not guaranteed in any way. Any losses of the Fund will be borne solely by investors in the Fund. Ownership interests in the Fund are not insured by the Federal Deposit Insurance Corporation, and are not deposits, obligations of, or endorsed or guaranteed in any way, by any banking entity. Investment Risks Generally. An investment in the Funds, involves a high degree of risk, including the risk that the entire amount invested may be lost. The Fund’s investment program may use investment techniques that involve substantial volatility and can, in certain circumstances, substantially increase the adverse impact to which the Fund may be subject. All investments made by the Fund will risk the loss of capital. No guarantee or representation is made that the Fund’s investment program will be successful, that the Fund will achieve its investment objective or that there will be any return of capital invested to investors in the Fund, and investment results may vary. Hedge funds and other alternative investments involve a high degree of risk and can be illiquid due to restrictions on transfer and lack of a secondary trading market. They can be highly leveraged, speculative, and volatile, and an investor could lose all or a substantial amount of an investment. Except where otherwise indicated, the Information is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date hereof. For more information, please review GDCM’s Form ADV, Part 2A brochure available at https://adviserinfo.sec.gov/firm/summary/293908. Additional information about the Company and its products and services can be found at Galaxy Digital’s website at galaxy.com. ©Copyright Galaxy Digital 2026. All rights reserved.
Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the fund. SSGA Funds Management, Inc. has also retained Galaxy Digital Partners LLC, member FINRA, SIPC (“Galaxy Digital”) as placement agent to the fund. State Street Global Advisors Funds Distributors, LLC is not affiliated with Galaxy Digital.
Transacting on the blockchain involves a high degree of risk. Tokens are representations of fund units and have no intrinsic value, have limited regulatory certainty, are subject to fraud and potential market manipulation and operational risks and may expose investors to loss of principal.
Before investing in the Fund, carefully consider investment objectives, risks, charges and expenses. All statements are subject to the definitive offering documents of the fund, available from State Street Global Advisors Funds Distributors, LLC or Galaxy Digital.
Not FDIC Insured - No Bank Guarantee - May Lose Value
State Street Global Advisors Fund Distributors, LLC, member FINRA, SIPC
State Street Global Advisors (SSGA) is now State Street Investment Management. Please go to statestreet.com/investment-management for more information.
© 2026 State Street Corporation. All Rights Reserved.
8910490.1.1.AM.RTL
Exp. Date: 5/31/2027