Galaxy Digital Inc. Class A Common Stock
GLXYGalaxy 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
Canaan, a cryptocurrency mining and equipment company, saw its stock rise over 16% due to a broad cryptocurrency market rally and a strategic $72 million investment from three institutional investors.
Forward Industries has initiated a Solana treasury strategy, acquiring 6.8 million SOL tokens worth approximately $1.5 billion and developing strategies to increase SOL per share through partnerships and DeFi integrations.
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.
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.
