Galaxy Digital, crypto and AI infrastructure firm has received approval from SEC for a direct listing on the Nasdaq stock exchange with a planned ticker “GLXY”

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Apr 7, 2025 - 12:00am

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Billionaire Michael Novogratz’s crypto conglomerate Galaxy Digital Holdings Ltd has received permission for a direct listing on the Nasdaq stock exchange, with trading expected to happen shortly after special shareholder meeting, the company said in a press release.

Galaxy, which offers services ranging from trading to asset management, announced Monday that the US Securities and Exchange Commission approved its registration to move the company from the Cayman Islands to Delaware and to list on the Nasdaq. A special meeting of shareholders to approve the reorganization will be held on May 9. Subject to the approval of shareholders and the Toronto Stock Exchange, Galaxy expects to list under the ticker symbol GLXY.

The SEC has declared effective Galaxy Digital's registration statement relating to the company's reorganization.

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Week 15 of 2025