Galaxy Digital has proposed to shift from the Toronto Stock Exchange (TSX) to the Nasdaq, which reflects a strategic move amid a resurgence in crypto equities.
The transition, pending shareholder and Nasdaq approval, is slated for May 16, following a special meeting on May 9.
The timing aligns with a broader recovery in the crypto sector, as several Nasdaq-listed digital asset firms posted notable gains in April after months of macroeconomic instability.
CEO Mike Novogratz framed the potential listing as a key step in Galaxy’s strategy to serve as a bridge between traditional finance and emerging digital ecosystems, including AI.
Upon approval, Galaxy will trade under the symbol “GLXY” on Nasdaq while temporarily maintaining its TSX listing, which began in July 2020.
