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Galaxy Digital Targets May Nasdaq Debut Pending Shareholder Approval

02.05.2025 11:00 1 min. read Alexander Stefanov
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Galaxy Digital Targets May Nasdaq Debut Pending Shareholder Approval

Galaxy Digital is preparing to enter the U.S. public markets, aiming for a Nasdaq listing under the ticker “GLXY” as early as May 16.

The move hinges on a shareholder vote set for May 9, according to founder and CEO Mike Novogratz.

To pave the way, the crypto and AI-focused investment firm recently established a Delaware-based public entity, following the SEC’s approval of its registration statement on April 17.

If successful, the listing would mark Galaxy’s transition from a Canadian public listing to full access to U.S. capital markets—an important step for a company straddling both crypto finance and frontier tech.

Novogratz called the upcoming debut a defining moment for the firm, stating it will allow Galaxy to build out its vision of becoming a trusted gateway for institutional and retail investors entering the digital asset and AI spaces.

He also believes the move will increase liquidity, enhance shareholder value, and attract a more diverse base of long-term investors looking to participate in emerging technology sectors.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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