Crypto Asset Management Firm Galaxy Digital has announced plans to become public at the Nasdaq Stock Exchange.
Galaxy Digital Chief Executive and founder Mike Novogratz out The company is planning to go on the Nasdaq on 16 May, but notes that the approval of the shareholders is still needed.
“To share that Galaxy is planning to mention on 16 May on Nasdaq, pending the approval of the shareholders on 9 May. We believe that this mention will position Galaxy to better serve investors in the digital activum and AI Ecosystems and to unlock the next phase of our growth.”
By one press releaseGalaxy Digital was a public company included in Delaware to make this possible and is expected to take the Ticker symbol GLXY. On April 17, the US Securities and Exchange Commission (SEC) stated that the registration declaration submitted by the company was in force.
As mentioned by Novogratz in the press release,
“We believe that the list on the Nasdaq would mark a transforming milestone for Galaxy that would position us to promote our vision to build a gateway for investors to get safe and efficient access to every corner of digital assets and artificial intelligence ecosystems.
We are convinced that this mention of the company’s value and our shareholders will be able to attract a broader investor base. ”
Galaxy Digital Holdings acts for $ 15.62 at the time of writing, a marginal increase during the last 24 hours.
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Featured image: Shutterstock/Fernando Cortes/Atlasbyatlas Studio