According to TheBlock, Galaxy Digital has a $76.8 million exposure to FTX, of which $47.5 million is currently "in the withdrawal process," the company said in its third quarter earnings report.

In addition, co-President, Damien Vanderwilt will step down in mid-January and take a seat on the board.

The company reported a net loss of $68 million in the third quarter, and assets under management of nearly $2 billion, up 17% from the previous period.