Galaxy Digital Seeks SEC Approval to Tokenize Shares

Galaxy Digital is actively collaborating with the Securities and Exchange Commission (SEC) on a proposal to tokenize its stock shares, potentially revolutionizing the relationship between blockchain technology and traditional finance. The initiative aligns with Michael Novogratz’s vision for tokenized networks that could unlock new possibilities within decentralized finance (DeFi). This move comes after Galaxy Digital’s recent listing on Nasdaq, demonstrating their intention to integrate blockchain into mainstream financial systems.