Galaxy Digital Seeks Nasdaq Listing

Galaxy Digital Holdings Ltd., a cryptocurrency-focused investment firm listed on the Toronto Stock Exchange (TSX), has announced plans to transfer its listing to the Nasdaq in the United States.

The move, subject to shareholder and Nasdaq approval, is expected to take effect on May 16, with a special meeting of shareholders scheduled for May 9 to finalize the decision.

The transition follows a period of improved market performance for Nasdaq-listed crypto firms in April, marking a recovery after earlier macroeconomic challenges.

Galaxy’s CEO, Mike Novogratz, emphasized that the Nasdaq listing would strengthen the company’s position as a leader in digital asset and AI investment solutions.

If approved, Galaxy will adopt the ticker symbol “GLXY” on Nasdaq while undergoing a transition period during which it will continue trading on the TSX, where it has been listed since 2020.