Deep Tide TechFlow news, on October 28, according to Bloomberg, digital asset company Galaxy Digital Inc. announced that its operating partnership will issue $1 billion in exchangeable bonds, after which the company's stock price fell sharply in after-hours trading, with a drop of about 8% as of the time of publication.

According to informed sources, Galaxy Digital Holdings LP is issuing bonds with a term of 5.5 years, which are exchangeable for common stock of Galaxy Digital, with a coupon rate of 0.5% to 1%. The digital asset company's shares are listed and traded on exchanges in New York and Toronto.