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Galaxy and DeFi Technologies storm Nasdaq—because what’s a bull market without another crypto-adjacent ticker?

Galaxy and DeFi Technologies storm Nasdaq—because what’s a bull market without another crypto-adjacent ticker?

Author:
Blockworks
Published:
2025-05-16 19:31:00
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Galaxy, DeFi Technologies look to leverage new Nasdaq listings

Crypto giants Galaxy Digital and DeFi Technologies just grabbed Nasdaq listings—because nothing screams ’mainstream adoption’ like begging Wall Street for validation.

Galaxy’s move follows its pivot from ’crypto hedge fund’ to ’regulated financial services player’ (read: we want institutional money). Meanwhile, DeFi Technologies—purveyor of blockchain ETFs—now gets to disappoint stock traders alongside crypto degens.

Both firms are betting that a shiny Nasdaq symbol will lure fresh capital. Because if there’s one thing finance loves, it’s repackaging disruptive tech into something an ETF salesman can explain between golf swings.

|Square

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