Galaxy Digital Plans to Offer Shares on Nasdaq Global Select Market
Galaxy Digital Holdings plans to list on the Nasdaq Global Select Market on May 16, pending shareholder approval. The company's Class A common stock will trade under the ticker GLXY. This move aims to enhance capital access, visibility to U.S. investors, and liquidity for shareholders. CEO Mike Novogratz stated that the listing would be a transformative milestone, facilitating investment in digital assets and AI ecosystems. The listing aligns with the pro-crypto stance of the Trump administration, which supports reducing SEC oversight of cryptocurrency firms. Galaxy Digital shares are currently trading at $21.72, up 3% recently. The company will maintain its listing on the Toronto Stock Exchange for an unspecified duration. Shareholder approval will occur during a Special Meeting on May 9.
