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.

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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.

Alexander Stefanov