From Yahoo Finance: 2025-05-16 13:40:00

Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut, trading at $23.50 per share before reaching $24.89. Novogratz sees this as just the beginning for the company in the crypto market. Digital assets, including Bitcoin, have seen a surge thanks to President Trump’s support and executive orders on cryptocurrency regulations.

eToro, a Robinhood rival, also debuted on the Nasdaq, seeing a 34% surge in shares and a valuation of $5.64 billion. Additionally, Coinbase will be added to the S&P 500 on May 19, marking a milestone for digital asset companies. Novogratz predicts a trend of more crypto companies going public in the future.



Read more at Yahoo Finance: Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto