Galaxy Digital $GLXY Debuts on Nasdaq, Gains Over 6%, Plans SEC Tokenization Talks

Galaxy Digital Holdings Ltd. marked a milestone by officially listing its shares on the Nasdaq Stock Market under the ticker symbol $GLXY on May 16, 2025. The listing generated notable interest, with $GLXY trending on Stocktwits for the first time just two days after the debut. The stock has rallied, gaining more than 6% following its Nasdaq debut. Galaxy Digital is also in discussions with the U.S. Securities and Exchange Commission (SEC) to tokenize its stock, aiming to make it tradable within decentralized finance (DeFi) platforms. The company’s co-founder and CEO, Mike Novogratz, described the Nasdaq listing as a significant milestone and the beginning of further developments ahead.

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Source: https://thedefiant.io/news/tradfi-and-fintech/galaxy-digital-glxy-debuts-on-nasdaq-gains-over-6-plans-sec-tokenization-talks-fff47216