Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

From Cointelegraph

May 9, 2025 1:30:00 pm:

Galaxy Digital gains SEC approval to redomicile in the US, preparing for a listing on the Nasdaq stock exchange. Shareholders must approve the move at a special meeting on May 9. The company anticipates trading on the Nasdaq under the symbol GLXY, joining other crypto firms in the traditional financial markets.

Nasdaq-listed Strategy, formerly MicroStrategy, was added to the exchange’s top 100 companies by market capitalization. Stablecoin issuer Circle recently filed for an IPO, while other crypto firms like BitGo and Coinbase are considering applying for bank charters in the US. This move could further blur the line between crypto firms and traditional financial institutions.

Read more at Cointelegraph: Galaxy Digital approved for US domicile, clearing way for Nasdaq listing