Major cryptocurrency company Galaxy Digital to Implement Public Trading on Nasdaq Stock Exchange
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Exciting news for the crypto world: Galaxy Digital, a major crypto asset management firm, has announced plans to go public on the Nasdaq exchange!
Mike Novogratz, Galaxy's CEO and founder, revealed that the firm aims to debut on Nasdaq on May 16th, subject to shareholder approval on May 9th. Novogratz shared his enthusiasm, stating:
"I'm thrilled to announce Galaxy's plans to list on Nasdaq, pending shareholder approval on May 9. We believe this listing will place Galaxy to better serve investors across the digital asset and AI ecosystems, as well as unlocking the next phase of our growth."
To make this a reality, Galaxy incorporated a public company in Delaware and obtained effective registration from the U.S. Securities and Exchange Commission (SEC). The company is anticipated to take the ticker symbol GLXY.
Novogratz emphasized the potential benefits of this listing, commenting:
"We believe listing on Nasdaq would mark a transformative milestone for Galaxy, enabling us to advance our vision of building a gateway for investors to gain safe and efficient access to the digital asset and AI ecosystems. This listing would be value enhancing for the company and our shareholders and allow us to attract a broader investor base."
As of now, Galaxy Digital Holdings is trading at $15.62, with a slight uptick in the last 24 hours.
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- Galaxy Digital, a prominent crypto asset management firm, is set to go public on the Nasdaq exchange, subject to shareholder approval on May 9th.
- Mike Novogratz, Galaxy's CEO and founder, highlighted the potential benefits of this listing, stating it would enable the firm to advance its vision of building a gateway for investors to access the digital asset and AI ecosystems.
- The company, anticipated to take the ticker symbol GLXY, aims to debut on Nasdaq on May 16th.
- As November 9th approaches, the crypto community eagerly awaits the transformation this listing might bring to Galaxy Digital and the industry.
- Meanwhile, the crypto market witnesses rapid growth in altcoins, Bitcoin, and Ethereum, challenging the financial industry's conventional practices and attracting aggressive investments.
- In a rapidly evolving crypto industry, it's crucial for businesses to stay updated on the latest news, trends, and regulatory updates, with platforms like The Daily Hodl providing essential insights for businesses and investors.
