Galaxy Digital is one of several crypto firms that plans to list in the U.S. via direct listings or IPOs amid growing institutional demand for regulated crypto products

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Galaxy is one of many crypto companies that have been trying to list in the US, either through a direct listing or an initial public offering. But that was hard under President Joe Biden’s crackdown on crypto. After President Donald Trump took office, many companies have finally set in motion plans to go public, but recent markets turmoil related to Trump’s tariffs is cooling the IPO market.