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Galaxy Digital Confirms Nasdaq Listing for May 2025

Galaxy Digital Confirms Nasdaq Listing for May 2025

Global Cryptocurrency
Release Time:
2025-05-01 09:05:02
0

Galaxy Digital, the crypto investment firm led by Mike Novogratz, is set to debut on the Nasdaq Global Select market under the ticker GLXY on May 16, 2025. The move follows shareholder approval and final listing clearance, marking a pivotal shift in the company’s strategy to attract U.S. investors.

Shares of Galaxy, currently traded on the Toronto Stock Exchange, ROSE nearly 4% following the announcement. Novogratz framed the listing as a "transformative milestone" that aligns with the firm’s mission to bridge traditional finance with digital assets and AI.

The Nasdaq entry is expected to enhance liquidity and broaden institutional participation in Galaxy’s ecosystem. The firm’s Toronto-listed shares closed at CAD $21.92 on April 30, reflecting immediate market optimism.

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