
Galaxy Digital Set to List on Nasdaq as Crypto Stocks Show Recovery
In a significant move, Galaxy Digital Holdings has announced its plans to list on the Nasdaq stock exchange. This development comes as crypto-related stocks are showing signs of recovery.
The company’s CEO, Novogratz, emphasized the importance of this listing for the company’s future. He stated that it would position them to advance their vision and create a gateway for investors to access digital asset and artificial intelligence ecosystems safely and efficiently.
Galaxy Digital has been actively expanding its investment activities and has recently filed a registration statement with the U.S. Securities and Exchange Commission (SEC). The company aims to raise approximately $175-180 million by the end of June through its Galaxy Ventures Fund I LP.
The planned Nasdaq debut comes at a time when crypto-related stocks are showing signs of recovery, potentially offering Galaxy Digital an opportunity to strengthen its market position and investor appeal in the United States.
Source: https://coincentral.com/galaxy-digital-set-to-list-on-nasdaq-as-crypto-stocks-show-recovery/