Galaxy Digital is closer to an American stock market rating after the Securities and Exchange Commission (SEC) approved its registration declaration linked to a reorganization of companies.
The Crypto and AI infrastructure company, currently registered on the Toronto Stock Exchange, aims to move its Caïman Islands attachment base to Delaware and list the actions on the NASDAQ as “GLXY”. The expansion of the company on the American market comes while the institutional demand for regulated cryptographic products continues to grow.
The company has planned a shareholder vote on the reorganization of May 9. The cabinet should register shortly after. CEO Mike Novogratz has described the effectiveness of recording an “important step” in the company’s attempt to expand its scope.
Galaxy provides institutional services in crypto trade, asset management and tokenization. It also invests and operates data centers that supply AI and high performance IT.
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