Galaxy Digital is set to transition from the Toronto Stock Exchange (TSX) to the Nasdaq on May 16, pending approval from shareholders and the Nasdaq itself. This move follows a notable performance by Nasdaq-listed crypto firms in April amid macroeconomic uncertainties. CEO Mike Novogratz stated that the listing will facilitate broader access for investors to the digital asset and artificial intelligence ecosystems. A crucial shareholders' meeting is planned for May 9 to finalize the approval process, and the company intends to adopt the ticker symbol GLXY. Galaxy has experienced a 12.28% decline on the TSX in 2025, while the Nasdaq 100 dropped 7.33%. However, with signs of recovery in the market, several crypto firms on the Nasdaq reported significant gains, indicating a potential rebound in investor confidence. Novogratz's confidence in pro-crypto sentiments is notable, as he aims to expand Galaxy's reach in the evolving landscape of digital assets.

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