Novogratz Announces Galaxy Digital’s Nasdaq Debut Amid Pending Shareholder Approval

Galaxy Digital, a prominent crypto and financial services firm led by Mike Novogratz, has revealed plans to transition from the Toronto Stock Exchange to Nasdaq, with its Class A common stock trading under the ticker GLXY. The public debut is scheduled for May 16, 2025, provided that the upcoming shareholder meeting on May 9, 2025, gives final approval. The move is expected to enhance accessibility for U.S. institutional investors and boost liquidity for shareholders while catalyzing Galaxy Digital’s expansion into the digital asset and artificial intelligence sectors. In related news, Novogratz continues to express bullish sentiment on Bitcoin, predicting that it could eventually overtake gold in market capitalization. This strategic pivot positions the firm to better serve both institutional and retail investors and underscores its commitment to fostering a more integrated financial ecosystem.