Galaxy Digital Holdings Ltd., a leading player in the digital assets space, has embarked on discussions with the U.S. Securities and Exchange Commission (SEC) to explore the tokenization of its stocks using blockchain technology. The company is leveraging its Nasdaq listing, reflecting its expansion into traditional financial markets. This move could revolutionize how stocks are utilized in DeFi applications. Blockchain integration promises to streamline processes, reduce costs, and enhance transparency for investors. The conversation with the SEC follows a March meeting where they explored registering stocks on the blockchain, marking a significant step towards integrating traditional securities with blockchain technology.