The shares of Galaxy Digital began trading on the NASDAQ Stock Exchange on May 16, and it completed a year -old operation that CEO Mike Novugratz “is unfair and angry, CNBC reportD.
Crypto and Infrastructure Company, which was also inserted in Canada, has opened $ 23.50 in its first appearance on the Nasdaq Stock Exchange.
Trading began on the same day that Galaxy revealed that it works with the US Securities and Exchange Committee (SEC) for its shares. According to For Bloomberg, symbols that represent Galaxy Digital shares can be used in decentralized financing applications, such as borrowing or lending.
Galaxy is among many encryption companies that look forward to reaching American markets under a more friendly regulatory system in the country. It includes companies that explore or operate on the United States list metaplanetand circleand CornerAnd twin. Etoro trading platform Complete a list on May 14.
Company He has 7 billion dollars of assets on its platform, according to its location. He – she suffer A loss of $ 295 million in the first quarter of 2025.
The asset code in the real world (RWA) is gaining traction in encryption, although it still represents a small share of the market. Data from rwa.xyz He appears The maximum sector market is at $ 22.5 billion-a small part of both the values of global assets in the real world and the main cryptocurrencies such as Bitcoin (BTC). However, it grows rapidly, with an increase of 111.8 % over the past year.
One of the emerging trends is the distinction of securities, and mainly converting assets such as stocks and treasury bonds into tradeable symbols on Blockchain. Robinhood is Consider the building of Blockchain This would allow retail investors in Europe to trade US stocks like stocks. Galaxy Digital has plans to symbolize everything from stocks and fixed income to traded investment funds.
At the SEC’s round TV table on May 12, President Paul Atkins compared the assets code to the music industry that is transmitted from analog to digital, which, that, which, which, that, According to To Atkins, he benefited greatly from the American economy.
The close relations developed by US President Donald Trump with this industry have sparked a new enthusiasm for encryption activity in the country. In addition to the wave of companies preparing for an American public list, some of them are others The encryption companies announced their return to the local market.
magazine: X Hall of Flame: Bitcoin will start with “tearing” with Trump’s improvement – Felix Hartmann.
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