Galaxy Digital Targets Nasdaq Listing Following Shareholder Vote
Galaxy Digital Holdings Ltd. is poised for a significant milestone as it seeks shareholder approval to list on the Nasdaq Global Select Market. The digital asset firm, currently traded on the Toronto Stock Exchange under the ticker GLXY, aims to complete its U.S. reorganization by May 2025.
A special meeting on May 9 will determine whether the company proceeds with its Delaware incorporation and subsequent Nasdaq listing. The move underscores growing institutional confidence in cryptocurrency-focused enterprises.
The listing remains contingent upon both shareholder consent and final regulatory clearance from Nasdaq. market observers view this potential uplisting as a validation of the digital asset sector’s maturation.