Galaxy Digital Inc. Class A Common Stock (GLXY)
Galaxy Digital Inc. Class A (GLXY) is a diversified financial services firm focused on digital assets and blockchain technology. It provides investment management, trading, asset origination, and advisory services to institutional investors and clients, aiming to advance the adoption of digital currencies and blockchain-based assets in the financial industry.
Company News
DeFi Technologies successfully closed a US$100 million registered direct offering with institutional investors, led by Galaxy Digital. The company plans to use proceeds to expand exchange traded products, pursue digital asset trading, and fund potential acquisitions.
Bitcoin and Ethereum reached new all-time highs in August 2025, with Bitcoin climbing to $124,000 and Ethereum surging above $4,900, driven by institutional demand and ETF inflows. Despite late-month corrections, the market's bullish structure remains intact, supported by significant stablecoin inflows.
Fundamental Global announced a $200 million private placement to launch an Ethereum treasury strategy, causing its stock to surge 76.66% in premarket trading. The company will rebrand as FG Nexus Inc. and partner with Galaxy Digital to manage its cryptocurrency treasury approach.
A new research report reveals that a small number of financial institutions, corporations, and wealthy individuals hold a significant portion of Bitcoin's circulating supply. Bitcoin treasury companies and ETFs are increasingly accumulating Bitcoin, with some companies like Strategy and BlackRock leading the trend.