SUBSIDIARIES
Published on March 31, 2025
Exhibit 21
SUBSIDIARIES OF GRYPHON DIGITAL MINING, INC.
| Name of Subsidiary | Jurisdiction of Incorporation | |
| Ivy Crypto, Inc. | Delaware | |
| Gryphon Opco I LLC | Delaware | |
| Gryphon Opco II LLC | Delaware | |
| 2670786 Alberta Ltd. | Canada |