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Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

Galaxy Digital, a crypto asset management firm listed on the TSX, plans to start trading on Nasdaq on May 16, 2025, pending approvals.
The move follows the SEC's April 17 declaration of the firm's registration statement effectiveness and awaits shareholder approval at a May 9 meeting.
Galaxy formed a Delaware-incorporated public company to enable the listing, aiming to broaden its investor base amid recent gains by other Nasdaq-listed crypto firms despite market turbulence.
Galaxy CEO Mike Novogratz highlighted that going public on Nasdaq would be a pivotal step, enabling the company to enhance investor access to the digital asset and artificial intelligence markets.
If approved, Galaxy will use the ticker symbol GLXY and enter a transition period continuing TSX trading, unlocking growth potential and value for shareholders.

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