Mike Novogratz’s Galaxy Digital Targets Nasdaq Listing In May: Details

Galaxy Digital has its sights on a Nasdaq listing in the middle of May, but the financial services firm has to obtain the final green light from shareholders. The Mike Novogratz-led company has a concentrated heatmap in recent weeks, offloading a chunk of its Ethereum holdings for Solana.

Galaxy Digital Aims For A Nasdaq Listing

Financial services company Galaxy Digital has disclosed that its shares will begin trading on the Nasdaq Global Select Market. According to a press release, the company notes that it is targeting a May 16 listing on Nasdaq after ticking all the regulatory boxes.

For starters, Galaxy Digital’s shareholders will vote to give their approval on a company reorganization and domestication to Delaware. Following the shareholders’ vote on May 9, the final hurdle will be final approval by Nasdaq.

“We believe that listing on the Nasdaq would mark a transformative milestone for Galaxy that would position us to advance our vision of building a gateway for investors to safely and efficiently access every corner of the digital asset and artificial intelligence ecosystems,” said Galaxy Digital CEO Mike Novogratz.

THIS IS A DEVELOPING STORY

The post Mike Novogratz’s Galaxy Digital Targets Nasdaq Listing In May: Details appeared first on CoinGape.