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Galaxy Digital’s Nasdaq Listing Sets Stage for Stock Tokenization Push

  • Galaxy Digital began trading on Nasdaq under the ticker GLXY at $23.50 per share.
  • CEO Mike Novogratz mentioned that SEC is open to the possibilities of tokenized assets.
  • Galaxy Digital officially started trading on Nasdaq but faced challenges during the listing process, which took 1,320 days and cost over $25 million.
  • Galaxy Digital is targeting DeFi growth and is in talks with the SEC to tokenize its stock for integration into DeFi platforms.

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