Galaxy Digital is proceeding with a planned IPO on the Nasdaq this year despite the current tumult in markets.

That’s according to a recent “Notice of Effectiveness” filed in the company’s SEC docket first made public Monday.

The filing is the SEC’s stamp of approval on the company’s registration documents and allows for a major corporate restructuring to move forward.

Ahead of the Nasdaq listing, Cayman Islands-based Galaxy Digital Holdings will become Galaxy Digital and be headquartered in Delaware, pending shareholder approval. “We look forward to completing the transaction this quarter,”…