Galaxy Digital is partnering with the SEC to tokenize its Nasdaq-traded stock, aiming to integrate traditional securities with blockchain technology.
CEO Michael Novogratz highlighted that this strategic move is intended to unlock innovative financial applications in DeFi ecosystems.
The initiative aligns with a broader trend toward asset tokenization, reflecting a significant market interest and potential for transformative change.
Despite the excitement, actual tokenization is pending regulatory approvals, with investors anticipating shifts as Galaxy seeks to capitalize on this trend.
Full story here: https://coincu.com/338047-galaxy-digital-sec-stock-tokenization-4
