Galaxy Digital Holdings is set to list on the Nasdaq Global Select Market on May 16, pending shareholder approval. This strategic move is aimed at increasing the company's access to capital from U.S. investors. Established by former Goldman Sachs partner Mike Novogratz, Galaxy Digital initially went public on the Toronto Stock Exchange nearly five years ago. By shifting to an American exchange, the firm hopes to enhance its visibility and liquidity for shareholders, aligning with a growing interest in cryptocurrencies and digital assets. This listing coincides with the recent pro-crypto stance of U.S. regulators and the current administration’s emphasis on developing the digital asset ecosystem. After its debut on Nasdaq, Galaxy Digital will maintain its listing on the Canadian exchange for some time, although the exact duration of dual listings is to be determined.

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