Galaxy Digital Approved for Nasdaq Listing Amid Legal Settlement
- The SEC approved Galaxy Digital’s registration for a Nasdaq listing.
- The firm will reorganize from the Cayman Islands to Delaware.
- A shareholder meeting is scheduled for May 9th to finalize reorganization plans.
- Galaxy settled with the New York State Attorney General for $200 million over LUNA token allegations.
- Galaxy bought 18.5 million LUNA tokens at a discount in October 2020.
Galaxy Digital plans to list on Nasdaq under the ticker GLXY, following SEC approval and pending shareholder consent. The move comes after settling legal issues related to LUNA token transactions.
Source (2.6)https://dailyhodl.com/2025/04/09/crypto-investment-giant-galaxy-digital-gets-green-light-from-sec-for-nasdaq-listing/?rand=59076
