tl;dr
Galaxy Digital, a crypto asset management firm led by CEO Mike Novogratz, plans to go public on the Nasdaq stock exchange with the ticker symbol GLXY, aiming for a listing date of May 16, pending shareholder approval on May 9. The company has formed a Delaware public entity and received SEC approval...
Galaxy Digital, a prominent crypto asset management firm led by CEO Mike Novogratz, has announced plans to go public on the Nasdaq stock exchange under the ticker symbol GLXY. This move aims to expand Galaxy Digital’s presence in the digital asset and artificial intelligence (AI) investment markets.
The company’s anticipated listing date is May 16, pending shareholder approval scheduled for May 9. To facilitate this transition, Galaxy Digital has established a Delaware public entity and secured approval from the U.S. Securities and Exchange Commission (SEC) for its registration statement, which was declared effective on April 17.
Novogratz highlighted that the Nasdaq listing will empower Galaxy Digital to better serve investors, support continued growth, and attract a wider investor base. He described the milestone as “transformative,” positioning the firm to build a gateway for investors seeking safe and efficient access to the evolving digital asset and AI ecosystems.
As of the current trading period, Galaxy Digital Holdings is valued at $15.62, reflecting a slight increase over the previous 24 hours. The company’s public offering is expected to mark a new chapter in its growth trajectory, offering investors an opportunity to participate in two of the most dynamic sectors shaping modern finance.