Galaxy Digital, a prominent cryptocurrency firm, has taken a bold step in expanding its operations to the US market. The company’s registration statement with the SEC has been approved, paving the way for its relocation from the Cayman Islands to Delaware and listing on the Nasdaq under the ticker symbol ‘GLXY’. This strategic move addresses investor demand and follows recent Bitcoin price surges past $80,000. 🚀
Galaxy Digital’s restructuring process is set to be finalized with a shareholder vote scheduled for May 9th. This marks a crucial turning point in the company’s expansion plans, as it aims to tap into growing corporate demand for financial-regulated products.