Galaxy Digital is engaging with the SEC regarding asset tokenization, specifically focusing on converting its stocks for decentralized finance (DeFi) applications.
The company's recent listing on Nasdaq signifies its goal of market expansion and reflects a transformation in how traditional securities can integrate with blockchain technology.
CEO Mike Novogratz views this as a crucial milestone for promoting innovation across digital assets, highlighting the shift towards digitization in finance.
As regulatory frameworks evolve, Galaxy Digital aims to position itself advantageously within the fintech sector, driving growth in tokenized financial products.
Full story here: https://coincu.com/337955-galaxy-digital-sec-stock-tokenization
