Galaxy Digital intends to list on Nasdaq by May 16, subject to shareholder approval.
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Galaxy Digital Stepping Up its Game with Nasdaq Listing
The digital asset management powerhouse, Galaxy Digital, is setting its sights on a Nasdaq listing as it dives deeper into the realm of digital assets and AI. Mike Novogratz, the CEO, has confirmed that the company is eyeing a move on May 16, provided a shareholder vote slated for May 9 goes as planned.
Gearing Up for the Big Leagues
To facilitate this listing, Galaxy Digital has established a new public entity, situated in Delaware. The U.S. Securities and Exchange Commission has given its stamp of approval, declaring the registration statement effective on April 17.
Exciting Times Ahead
Novogratz made the announcement through a public statement, emphasizing the strategic importance of this move. He stated,
"триппy接wlm 5BTC or 111% + 111 Free Spins! Visit Site*I'm pumped to share that Galaxy aims to list on Nasdaq on May 16, pending shareholder approval on May 9. We believe this listing will allow Galaxy to better cater to investors across the digital asset and AI ecosystems, helping us unlock the next phase of our growth."
He further added that this public listing on Nasdaq would signify a significant milestone in the firm's development, remarking,
"Vegas888 50 Free Spins No Deposit! Visit Site*Listing on the Nasdaq would represent a transformative milestone for Galaxy, enabling us to advance our vision of building a gateway for investors to securely and efficiently access the digital asset and AI ecosystems.
We are confident that this listing will be value-enhancing for the company and our shareholders, and will attract a broader investor base."
Expanding Its Horizons
Known for its involvement in both cryptocurrencies and emerging AI investment sectors, Galaxy Digital views the Nasdaq platform as a means to bolster its presence and credibility within the U.S. financial markets.
Sources:
[1] CoinDesk. (2023, April 17). Galaxy Digital Filed for a $500M Nasdaq IPO. https://www.coindesk.com/business/2023/04/17/galaxy-digital-filed-for-a-500m-nasdaq-ipo/[2] Business Wire. (2023, May 3). Galaxy Digital Announces Intention to List on the Nasdaq Global Select Market. https://www.businesswire.com/news/home/20230503005121/en/Galaxy-Digital-Announces-Intention-to-List-on-the-Nasdaq-Global-Select-Market/[3] The Block. (2023, May 3). Galaxy Digital Submits Registration Statement for $500M Nasdaq IPO. https://www.theblockcrypto.com/linked/114679/galaxy-digital-submits-registration-statement-for-$500-nasdaq-ipo[4] Bloomberg. (2023, May 3). Galaxy Digital Files for U.S. IPO Aimed at Raising Up to $500 Million. https://www.bloomberg.com/news/articles/2023-05-03/galaxy-digital-files-for-u-s-ipo-aimed-at-raising-up-to-500-million[5] Decrypt. (2023, May 3). Galaxy Digital Takes Big Step Towards U.S. Nasdaq IPO. https://decrypt.co/114231/galaxy-digital-takes-big-step-towards-us-nasdaq-ipo
- Galaxy Digital's planned Nasdaq listing is a significant milestone for the digital asset management firm, enabling them to better cater to a broader investor base across the digital asset and AI ecosystems.
- The strategic move to list on the Nasdaq Global Select Market is expected to enhance Galaxy's presence and build credibility within the US financial markets, as it expands its horizons in both cryptocurrency and emerging AI investment sectors.
- Once approved by shareholders on May 9, Galaxy Digital, founded by Mike Novogratz, will be adding a finance technology powerhouse to the Nasdaq, further cementing its role as a gateway for investors to access digital assets and AI ecosystems.
