VP, Senior Backend Developer - Blockchain Infrastructure

Blockchain Lab analysis

Backend systems on Galaxy's blockchain infrastructure: ingestion, reliability, and the production path a public company has to be able to explain.

It does not own Helios construction, a fund's portfolio, or a research note. VP at a markets firm is often a band, not a team of fifty. Ask the span.

Blockchain Lab analysis

Public reporting and the employer’s own releases. Not a relationship with Blockchain Lab. Not a credit opinion.

Founded

2018, by Michael Novogratz.

Base

New York, with a real London seat on this desk. Operates as Galaxy Digital Inc. on Nasdaq.

Status

Public. Equity, if you are offered it, is a listed stock, not a private option.

People

Michael Novogratz, founder, CEO and director. Christopher Ferraro, president and chief investment officer. Anthony Paquette, chief financial officer. Michael Daffey, chairman. Compensation figures below are FY2025 pay as compiled by Yahoo Finance, not equity wealth.

1. 2018

   Formation

   Founder capital, then a public listing in Canada

   Galaxy listed first on the Toronto Stock Exchange. The U.S. listing is Nasdaq: GLXY. This is not a venture-round story. Later capital is equity and project finance, including the Helios facility.

2. Dec 2022

   Helios acquisition

   About $65 million

   Bought the former Argo Blockchain site in Dickens County after the mining winter. The strategic act of the last four years is this purchase, not a Series D.

3. Mar 2025 onward

   CoreWeave lease

   15-year lease, 526 MW critical IT committed

   Galaxy has said the full build is expected to produce more than $1 billion in average annual revenue, and that Phase I alone is on the order of $300 million a year. Those are company projections, not recognised revenue.

• Earnings volatility. Three of the last reported quarters into mid-2026 were losses. A bull-market comp conversation and a drawdown comp conversation are different jobs.
• Key person. The franchise is still Novogratz's public voice.
• Helios execution and tenant concentration. One anchor, CoreWeave, on a multi-year lease is both the asset and the risk.
• Gross revenue headlines. Anyone who briefs you on '$60 billion revenue' without the net line is selling.

Ask them

• Which legal entity employs this seat, and is the bonus pool trading P&L, group, or the infrastructure segment?
• How much of blockchain security time is trading systems versus custody versus the data-centre estate?
• For the London role: right to work, hybrid days, and whether 'VP' is a Galaxy title band or a team of reports.
• What has Helios contributed to recognised revenue since rent started, as opposed to the $1 billion run-rate slide?

• Q2 2026 income statement, standardised
• Helios Phase I delivery, July 2026
• Yahoo Finance profile and FY2025 executive pay

If a figure is not in those sources, it is not in this brief on purpose.

Illustrative preparation

Not the employer’s onboarding plan.

1. Days 1–30: run the local stack and read last quarter's incidents.
2. Days 31–60: one production fix with a rollback. Title does not excuse a drive-by rewrite.
3. Days 61–90: a short architecture note your VP-peer in another city will sign.

A week you can rehearse

• Trace one asset from chain event to internal ledger. Mark the retry and the duplicate.
• Name the on-call and the error budget. If neither exists, that is the first design.
• Ask which systems are in London's scope and which are New York's.

Illustrative preparation

• How do you reconcile when the chain reorgs under a fill?
• Tell a production story with the metric, the rollback, and the customer impact.
• What does the VP title mean in your current company, and what would you do if it meant individual contributor here?

Proof you can build before you apply

• The event-indexer lab: ingest, retry, drop duplicates, reconcile to a second source. That is the weekday.

Open Event indexer with reconciliation. Ingest events, retry safely, drop duplicates, and reconcile against a second source.

• API
• Developer stack

• London is a badge and the work is a New York night shift they will not name.
• There is no production access path for the first six months and no one owns the gap.
• The title is non-negotiable in the offer and the scope is a single service with no reports. Fine if you know it. Not fine if you hear it after you resign.

Employer stated. A London backend role on Galaxy's blockchain infrastructure. The posting is a vice-president title; the work is production infrastructure, not a research note.

• Design and build backend systems for blockchain infrastructure and staking products across Ethereum, native and liquid staking, and data APIs.
• Liquid Collective is named as one initiative.
• Own systems from architecture through observability in a spec-first environment.
• Employer describes the split as roughly 60% building, 20% review and mentorship, 20% design and product collaboration.
• Build APIs, services, and Ethereum data pipelines.

Source: the employer’s public Greenhouse record, job 6017789004. Open the original. First seen by this desk 2026-10-06. Nothing above the fold is a substitute for that page.

Blockchain Lab analysis. These lines are a reading of the advertisement. They are not extra hiring requirements.

• Draw the retry. Say what is idempotent and what is not.
• Show how a reorg or a duplicate event is reconciled, not just ingested.
• Put the SLO next to the API, not in a slide.

• Compensation, unless a figure appears in the header. None of these eighteen postings stated one.
• Closing date, and the day the role was first published. The board timestamp is an update.
• Visa sponsorship, on-call, and the employing subsidiary.