Galaxy Digital begins trading on Nasdaq, eyes share tokenization

#GalaxyDigital began trading on the #Nasdaq on May 16, marking a key step in its U.S. market expansion. The crypto investment firm, also listed in Canada, opened at $23.50 per share. On the same day, Galaxy disclosed plans to tokenize its shares in coordination with the U.S. Securities and Exchange Commission #SEC . Tokenized shares could potentially be used in decentralized finance #DeFi applications. Galaxy manages $7 billion in assets and joins other crypto firms seeking access to U.S. capital markets amid shifting regulatory dynamics.