Galaxy Digital Secures Listing on Nasdaq to Explore Blockchain-Based Stock Tokenization

Galaxy Digital Holdings Ltd., led by CEO Michael Novogratz, has embarked on discussions with the SEC regarding the tokenization of its stock offerings. This strategic move aims to leverage blockchain technology for enhanced trading efficiency and accessibility in financial markets. The company recently listed on Nasdaq, marking a significant step towards expanding into traditional finance through innovative approaches. This initiative could revolutionize securities trading, allowing broader participation in decentralized finance (DeFi) applications.