Galaxy Digital Holdings Ltd., a leading financial services and investment management company in the crypto space, has recently made a significant announcement that is poised to shake up the market. The company revealed its plans to list on the Nasdaq Global Select Market, with trading set to commence on May 16, 2025. This move is expected to provide a major boost to investor access to both the artificial intelligence (AI) and cryptocurrency markets.

The decision to list on the Nasdaq comes after Galaxy Digital received the green light from the U.S. Securities and Exchange Commission (SEC) and obtained approval from its shareholders. This development marks a significant milestone for the company, which has been steadily expanding its presence and offerings in the rapidly growing digital asset space.

Galaxy Digital, founded by prominent investor and former hedge fund manager Mike Novogratz, has established itself as a key player in the crypto industry, offering a range of services including trading, asset management, and investment banking. By listing on the Nasdaq, the company aims to enhance its visibility and credibility among traditional investors, providing them with easier access to the booming AI and crypto markets.

The move to list on the Nasdaq is expected to open up new opportunities for Galaxy Digital, allowing it to tap into a broader investor base and potentially attract more institutional capital. With increased institutional interest in cryptocurrencies and digital assets, the company is well-positioned to capitalize on this trend and further solidify its position in the market.

In a statement regarding the upcoming listing, Mike Novogratz expressed his enthusiasm for the move, highlighting the potential benefits it will bring to both Galaxy Digital and its investors. He emphasized the company's commitment to driving innovation and growth in the digital asset space, and the Nasdaq listing is seen as a strategic step towards achieving this goal.

The news of Galaxy Digital's Nasdaq listing has generated significant interest and excitement within the crypto community and beyond. Many industry experts see this move as a positive development that could help legitimize the crypto sector and attract more mainstream investors.

As the countdown to the listing date begins, all eyes will be on Galaxy Digital to see how the company's stock performs on the Nasdaq. With its strong track record and reputation in the crypto space, Galaxy Digital is well-positioned to make a splash on the public markets and pave the way for further growth and innovation in the industry.

Source: https://news.bitcoin.com/galaxy-digital-eyes-nasdaq-debut-on-may-16-pending-shareholder-vote/