8 hours ago
Galaxy Digital is moving person to a U.S. banal marketplace listing aft the Securities and Exchange Commission (SEC) approved its registration connection tied to a firm reorganization.
The crypto and AI infrastructure firm, presently listed successful the Toronto Stock Exchange, aims to displacement its location basal from the Cayman Islands to Delaware and database shares connected the Nasdaq arsenic “GLXY.” The firm’s enlargement into the U.S. marketplace comes arsenic organization request for regulated crypto products continues to grow.
The institution has scheduled a shareholder ballot connected the reorganization for May 9. The steadfast is expected to database soon afterward. CEO Mike Novogratz called the registration effectiveness “an important milestone” successful the firm’s bid to grow its reach.
Galaxy provides organization services successful crypto trading, plus management, and tokenization. It besides invests successful and operates information centers that powerfulness AI and high-performance computing.
Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk’s afloat AI Policy.
English (US) 