Galaxy Digital Makes Nasdaq Debut As Crypto Gains Traction
What’s going on here?
Galaxy Digital, led by crypto mogul Mike Novogratz, created a buzz by moving from the Toronto Stock Exchange to Nasdaq, with its shares trading between $23.50 and $24.89.
What does this mean?
Galaxy Digital’s launch on Nasdaq marks a significant step in integrating crypto into the mainstream financial landscape. CEO Mike Novogratz sees this as just the start of a broader market evolution. This debut comes at a time when digital assets are gaining renewed interest thanks to favorable US policies. Bitcoin’s value has climbed over 10% this year, boosted by supportive government measures. eToro’s successful Nasdaq IPO, valuing it at $5.64 billion after a 34% share price hike, exemplifies this momentum. Plus,…
