PANews
PANews|May 13, 2025 13:05
Galaxy Digital has completed its migration to the United States and plans to land on NASDAQ this week According to The Block, cryptocurrency asset management company Galaxy Digital has completed its restructuring process from Cayman to the United States and plans to list on NASDAQ under the code "GLXY" on May 16th. On the same day, the company announced a net loss of $295 million for Q1 2025, mainly due to the decline in digital asset prices and mining related impairment expenses. Despite the decline in performance, the company's cash and stablecoin reserves still reach $1.1 billion.
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