Galaxy Digital Receives SEC Approval for US Listing, Plans Nasdaq Debut in May

Galaxy Digital Receives SEC Approval for US Listing, Set to Debut on Nasdaq in May

Galaxy Digital is set to move to Delaware and list its shares on the Nasdaq after a shareholder vote on May 9.

Tom Carreras, AI Boost | Edited by Aoyon Ashraf April 7, 2025, 10:00 PM

Galaxy founder Mike Novogratz (Shutterstock)

Key points:

  • The Securities and Exchange Commission (SEC) has confirmed receipt of Galaxy Digital's registration statement regarding the company's reorganization.
  • A shareholder vote on the reorganization is scheduled for May 9, with listing expected immediately after.
  • Galaxy Digital shares will be listed on the Nasdaq under the symbol “GLXY”.

Galaxy Digital is moving closer to listing on the U.S. stock market after the Securities and Exchange Commission (SEC) approved its registration statement related to a corporate reorganization.

The cryptocurrency and artificial intelligence infrastructure company, currently listed on the Toronto Stock Exchange, plans to move its headquarters from the Cayman Islands to Delaware and list its shares on the Nasdaq under the name “GLXY.” The move to the U.S. market comes amid growing institutional interest in regulated cryptocurrency products.

The company has scheduled a shareholder vote on the reorganization for May 9, with a listing expected shortly thereafter. Chief Executive Mike Novogratz described the successful completion of the filing as a “significant milestone” for the company’s efforts to expand its footprint.

Galaxy offers institutional services in crypto trading, asset management, and tokenization. The company also invests in data centers that support AI and high-performance computing.

Disclaimer: Some parts of this article were generated using AI tools and reviewed by our editorial team to ensure accuracy and adhere to our standards. For more information, see CoinDesk's full AI policy.

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