Galaxy Digital transitions to the United States and lists on Nasdaq
On May 13, Galaxy Digital, a cryptocurrency asset management company, completed its restructuring from Cayman to the United States. The company is preparing to list on Nasdaq on May 16 with the ticker "GLXY". This transition marks a strong entry into the US market, expecting to increase liquidity and credibility.
Net loss in Q1 2025
On the same day, Galaxy Digital reported a net loss of 295 million USD in Q1 2025. The primary reason is the sharp decline in cryptocurrency prices and depreciation costs related to mining. Despite facing challenges, the company still maintains cash and stablecoin reserves of approximately 1.1 billion USD.
Important note for investors
The information presented is intended to provide market data and does not constitute investment advice. Investors need to consider carefully before making decisions.
Source: https://tintucbitcoin.com/galaxy-digital-dinh-cu-tai-hoa-ky-sap-niem-yet-nasdaq/
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