Galaxy Digital is engaging with the U.S. SEC to explore the tokenization of its stocks on blockchain, which could enhance decentralized finance (DeFi) applications.
This move coincides with a recent restructuring to facilitate a Nasdaq listing, showcasing Galaxy's commitment to improving accessibility in digital assets.
CEO Mike Novogratz emphasizes the significance of this initiative for innovation and growth in digital assets and AI infrastructure.
The potential for tokenization may also transform traditional trading, boosting market participation and liquidity options.
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