Galaxy Digital Plans Nasdaq Listing to Expand Crypto and AI Investor Access
Galaxy Digital, the crypto investment firm founded by Mike Novogratz, is poised to transition its public listing from the Toronto Stock Exchange to Nasdaq on May 16, pending shareholder approval. A special meeting on May 9 will finalize the move, which still requires clearance from Nasdaq to trade under the ticker symbol GLXY.
Novogratz framed the shift as a pivotal moment for Galaxy, emphasizing its role in connecting investors to digital assets and artificial intelligence. The Nasdaq listing is expected to enhance visibility and attract institutional capital, leveraging the exchange’s deeper liquidity and broader investor base.
The strategic relocation underscores growing institutional demand for regulated crypto exposure. Galaxy’s dual-market presence could serve as a blueprint for other digital asset firms seeking mainstream legitimacy.