On May 9, Mike Novogratz’s Galaxy Digital will hold a special shareholder meeting to approve its reorganization and listing on Nasdaq under the ticker GLXY.
The SEC has approved the firm’s application to move its domicile from the Cayman Islands to Delaware.
“We are taking a significant step towards fulfilling our mission to drive innovation and growth in the digital assets and AI infrastructure sectors,” stated the company’s CEO, Mike Novogratz.
Currently, Galaxy Digital’s shares are traded on the Toronto Stock Exchange in Canada.
In March, the company agreed to pay $200 million to settle claims with the New York Attorney General’s office.
Back in March 20, 2025, Galaxy Digital approved a $200 million revolving credit line for MoonPay to address emergency liquidity requests.
The deal was struck due to challenges faced during the launch of U.S. President Donald Trump’s meme coin. At that time, the companies had to urgently raise $160 million amid exceptionally high demand coinciding with traditional banks’ weekend closures. In that situation, support was provided by Galaxy and Ripple.