Galaxy Digital has made its debut on the Nasdaq after a long listing process, raising its stock's visibility and opening new capital market opportunities. CEO Mike Novogratz highlighted the advantage of being able to tap into larger capital markets to accelerate growth, which has been limited in the past. The increased valuation of GLXY shares makes Galaxy more competitive for acquisitions. In the crypto space, significant mergers and acquisitions have already occurred this year, indicating a trend towards consolidation. Similarly, DeFi Technologies has also listed on the Nasdaq, viewing the US market as a larger opportunity compared to Canada. Both companies are focused on expanding their market presence and building competitive advantages through expertise and better customer relationships.

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