Galaxy Digital Gets SEC Green Light to Redomicile in US, Eyes Nasdaq Listing in May

By: btc-pulse|2025/05/10 03:45:06

Galaxy Digital Secures SEC Approval to Redomicile in US Galaxy Digital, a crypto investment firm, has gained approval from the US Securities and Exchange Commission (SEC) to redomicile in Delaware, clearing the way for its highly anticipated listing on Nasdaq’s stock exchange. The move is a critical milestone as crypto-native businesses become more and more incorporated into traditional finance. Nasdaq Listing Scheduled for Mid-May Galaxy Digital aims to begin trading on the tech-heavy Nasdaq under ticker symbol GLXY in mid-May. The listing will be contingent upon two last approvals: an OK from the Toronto Stock Exchange, where Galaxy is currently listed, and a vote of shareholders at a May 9 special meeting. The planned relocation to Delaware is strategic in that the state is renowned for being business-friendly from a legal point of view that offers an identical regulatory framework which US investors are used to. Crypto Businesses Accelerate Uptake with Mainstream Finance Galaxy is the most recent among more and more crypto businesses expanding in public markets. Recently: Strategy (previously MicroStrategy) was included on Nasdaq’s list of its largest 100 companies by market capitalization. Stablecoin issuer Circle filed an initial public offering (IPO) filing in April. Firms like BitGo, Coinbase, Paxos, and Circle have been said to explore bank charter applications. These actions reflect an industry-wide trend: crypto companies are increasingly adopting regulatory frameworks and business models characteristic of traditional finance, a trend that could enhance credibility and institutional capital. A Step Toward Mainstream Acceptance Galaxy Digital’s upcoming listing on Nasdaq is more than a corporate success—it’s the epitome of crypto’s evolving dynamic with traditional financial markets. While companies like Galaxy, Circle, and Paxos become closer with regulated financial standards, the boundary between crypto-native and traditional financial institutions grow increasingly indistinguishable.

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The $293 million bug wasn't in the code; so, what's the deal with the "DVN Configuration Bug," which led to the largest hack of 2026?

「Audit Passed」 these four words do not cover the location of the parameter.