Galaxy Digital plans Nasdaq listing as crypto stocks post strong rebound

From Cointelegraph
April 30, 2025 11:04pm:

Galaxy Digital plans to start trading on Nasdaq on May 16 pending approvals. Nasdaq-listed crypto firms saw gains in April. CEO Mike Novogratz believes the move will expand Galaxy’s investor base and US presence. The Toronto Stock Exchange-listed Galaxy Digital will transition to Nasdaq pending approvals at a shareholders’ meeting on May 9. The move comes as Nasdaq-listed crypto firms saw gains in April amid market turbulence. Galaxy plans to use the ticker symbol GLXY on Nasdaq. GLXY is down 12.28% on the TSX this year, while the Nasdaq 100 is down 7.33%. Novogratz is known as a pro-crypto advocate and Bitcoin bull. Several Nasdaq-listed crypto-related firms have seen gains, including Coinbase, Michael Saylor’s Strategy, and CleanSpark.

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