Galaxy Digital Holdings intends to list on the Nasdaq Global Select Market next month, following the recent pro-crypto stance of U.S. regulators. The company's Class A common stock, trading under the ticker GLXY, is set to go live on May 16 pending shareholder approval. Listing on the Global Select Market will enhance Galaxy Digital's access to capital and visibility to U.S. investors, providing greater liquidity for shareholders, as stated by CEO Mike Novogratz. This move aligns with the Trump administration's support for BigTech and the crypto industry, aiming to position the U.S. as a leader in AI and crypto. Galaxy Digital's expansion into AI, in partnership with CoreWeave, complements its stock exchange listing strategy. The company's shares, currently trading at $21.72, will continue to be listed on the Toronto Stock Exchange alongside the Nasdaq. Shareholders will decide on the listing plan during a Special Meeting on May 9. Read more AI-generated news on: https://app.chaingpt.org/news

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