Galaxy Digital’s Nasdaq Listing: A Strategic Move Amid Binance’s Market Dominance

Crypto financial services firm Galaxy Digital is set to make a significant leap into the U.S. financial markets with its upcoming Nasdaq listing, following approval from the SEC. This development highlights the growing institutional interest in cryptocurrency, even as Binance continues to dominate the global exchange landscape. The listing, pending a shareholder vote on May 9, marks a pivotal moment for Michael Novogratz’s firm as it expands its reach beyond its current Canadian listing.

Galaxy Digital Prepares for Nasdaq Listing Following SEC Clearance

Crypto financial services firm Galaxy Digital is preparing to list on the Nasdaq after receiving approval from the US Securities and Exchange Commission. The move marks a key milestone for billionaire Michael Novogratz’s firm as it pushes deeper into the US financial markets. Galaxy, which is currently listed in Canada, expects to debut on the Nasdaq shortly after a shareholder vote scheduled for May 9. The listing is subject to shareholder approval and a final nod from the Toronto Stock Exchange. If successful, the company will trade under the ticker symbol GLXY.

Binance Integrates Apple Pay and Google Pay for Crypto Purchases

Binance, the leading crypto exchange, has collaborated with Worldpay to integrate Apple Pay and Google Pay, enabling users to purchase cryptocurrencies using their debit or credit cards connected to these digital wallets. This integration enhances Binance’s fiat onramp ecosystem and makes its services more accessible by aligning with users’ established digital payment practices. Users can access this feature through the Binance application and desktop platform.