Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang
(Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous week for cryptocurrency in public markets, with Coinbase joining the S&P 500 and retail brokerage eToro also going public.
Galaxy Digital, a crypto investment company that also specializes in artificial intelligence data center infrastructure, had been listed on the Toronto Stock Exchange, but began trading on the Nasdaq on Friday at $23.50 per share after a lengthy transition period. Shares in the company were last trading at $24.89.
“I think we’re at the beginning of the race, not the end of the race,” said Novagratz, who is Galaxy’s CEO and a prominent crypto investor, in an interview with Reuters….
