PANews reported on May 13 that according to The Block, crypto asset management company Galaxy Digital has completed the reorganization procedure from the Cayman Islands to the United States and plans to list on Nasdaq on May 16 with the ticker "GLXY". On the same day, the company announced a net loss of $295 million in Q1 2025, mainly due to the decline in digital asset prices and impairment expenses related to mining. Despite the performance decline, the company's cash and stablecoin reserves still reach $1.1 billion.
Galaxy Digital Completes Relocation to the United States and Plans to List on Nasdaq This Week
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share





