Galaxy bucks crypto IPO slump with plans to list shares – DL News
- Despite a rocky macroeconomic backdrop, Galaxy is moving forward.
- Documents made public Monday show the company will move to Delaware.
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,”…
