Galaxy Digital, a crypto asset management firm, has revealed its intention to go public on the Nasdaq stock exchange.
Founder and CEO of Galaxy Digital, Mike Novogratz, has announced that the firm is planning to debut on the Nasdaq by May 16th, pending shareholder approval on May 9th.
In a press release, it was stated that Galaxy Digital has established a public company in Delaware to facilitate this move, with the expected ticker symbol GLXY. The U.S. Securities and Exchange Commission (SEC) approved the firm’s registration statement on April 17th.
Novogratz expressed his excitement in the press release, emphasizing the potential for growth and better service to investors in the digital asset and AI sectors through this listing.
Galaxy Digital Holdings is currently trading at $15.62, showing a slight increase in the last 24 hours.
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Featured Image: Shutterstock/Fernando Cortes/AtlasbyAtlas Studio
