Galaxy Set to List on Nasdaq Following SEC Approval
Galaxy Digital is on track for a potential US listing on the Nasdaq Global Select Market, marking the culmination of a lengthy process. Key facts include:
- The SEC has approved Galaxy's registration statement.
- Shareholders will vote on the company's restructuring on May 9.
- If approved, the listing could be finalized by the end of Q2.
- Galaxy has been publicly traded in Canada since 2018 and plans to continue trading on the Toronto Stock Exchange.
- This development follows changes in SEC leadership, leading to a more favorable stance towards crypto firms.
- Other companies like Circle and eToro have recently filed for IPOs, indicating increased opportunities for investors in the crypto space.