Galaxy Digital Inc-A(GLXY)

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BSCN· 2025-09-03 20:11
RT BSCN (@BSCNews)GALAXY DIGITAL BECOMES FIRST NASDAQ-LISTED FIRM TO TOKENIZE SEC-REGISTERED SHARES ON SOLANA- Galaxy Digital has announced that it has tokenized its U.S.-registered common stock, marking the first time a Nasdaq-listed company has brought equities directly onto the blockchain.- The company partnered with Superstate, a registered equities transfer agent and financial technology startup within its venture portfolio, to make the move possible.- The initiative allows shareholders to digitize the ...
X @Solana
Solana· 2025-09-03 14:39
Tokenization & Blockchain Integration - Galaxy Digital (GLXY), a company with over $10 billion market capitalization, has tokenized its stock on the Solana blockchain [1] - Superstate's Opening Bell enables on-chain holding and peer-to-peer transfer of $GLXY shares between verified wallets [1]
X @BSCN
BSCN· 2025-09-03 12:08
GALAXY DIGITAL BECOMES FIRST NASDAQ-LISTED FIRM TO TOKENIZE SEC-REGISTERED SHARES ON SOLANA- Galaxy Digital has announced that it has tokenized its U.S.-registered common stock, marking the first time a Nasdaq-listed company has brought equities directly onto the blockchain.- The company partnered with Superstate, a registered equities transfer agent and financial technology startup within its venture portfolio, to make the move possible.- The initiative allows shareholders to digitize their stock, giving t ...
Galaxy and Superstate Launch GLXY Tokenized Public Shares on Solana
Prnewswire· 2025-09-03 11:00
First Ever Tokenization of SEC-Registered Public Equity on a Major Blockchain NEW YORK, Sept. 3, 2025 /PRNewswire/ - Galaxy Digital Inc. (Nasdaq: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced it has partnered with Superstate to allow stockholders to tokenize and hold GLXY shares onchain. This milestone marks the first time a public company has tokenized its SEC-registered equity directly on a major blockchain. Effective immediately, stockholders can now ...
Galaxy Digital: Crypto Play With An AI Kicker
Seeking Alpha· 2025-09-01 09:48
Group 1 - Galaxy Digital has achieved significant milestones since its reverse takeover in 2018 by founder/CEO Michael Novogratz [1] - The latest milestone includes an uplisting to NASDAQ earlier this year [1]
Commonwealth Fusion Systems Raises $863 Million Series B2 Round to Accelerate the Commercialization of Fusion Energy
Prnewswire· 2025-08-28 10:00
Core Insights - Commonwealth Fusion Systems (CFS) has raised $863 million in a Series B2 fundraising round, moving closer to commercializing fusion power [1][2] - This fundraising round is the largest among deep tech and energy companies since CFS' $1.8 billion Series B round in 2021, bringing total capital raised by CFS to nearly $3 billion, which is about one-third of the total capital invested in private fusion companies globally [2][8] - CFS aims to complete its fusion demonstration machine, SPARC, and advance the development of its first ARC power plant in Virginia with the new funds [2][8] Investment and Investor Landscape - The oversubscribed funding round attracted a diverse range of international investors, including venture capitalists, private equity firms, sovereign wealth funds, and industrial companies [3][8] - New investors include notable names such as Brevan Howard Macro Venture Fund, Counterpoint Global (Morgan Stanley), and NVIDIA's venture capital arm, NVentures [4][6] - A consortium of 12 Japanese companies, led by Mitsui & Co. and Mitsubishi Corporation, also participated in the funding round [5] Strategic Partnerships and Future Plans - CFS is advancing plans to build the world's first grid-scale fusion power plant, ARC, in Chesterfield County, Virginia, with the goal of putting power on the grid in the early 2030s [7][8] - The company has established strategic partnerships with Dominion Energy and Google, which has agreed to purchase half the power produced at the plant [9] Industry Impact and Vision - CFS is positioned as a leader in the fusion industry, with its advancements in high-temperature superconducting magnets and rapid execution in constructing SPARC [7][8] - The company is seen as offering a clear path to commercial fusion, which could provide a reliable source of clean energy and improve global energy access [7][10] - Investors express confidence in CFS's potential to reshape the global energy landscape and contribute to energy independence and security [10][11]
Galaxy(GLXY.US)等加密巨头募资10亿美元 欲建全球最大Solana“金库”
Zhi Tong Cai Jing· 2025-08-25 12:48
Group 1 - Galaxy Digital, Multicoin Capital, and Jump Crypto are in discussions to raise approximately $1 billion to acquire Solana tokens, aiming to create the largest dedicated reserve in the cryptocurrency sector [1] - The consortium plans to establish a digital asset treasury company by acquiring a publicly unnamed entity, with Cantor Fitzgerald LP serving as the lead underwriter for the transaction [1] - If successful, the new asset pool will be twice the size of the current largest Solana reserve, despite Solana's market value being significantly lower than its historical peak [1] Group 2 - Upexi Inc. has accumulated over 2 million Solana tokens valued at approximately $400 million since its pivot to focus on Solana [2] - Solana gained initial attention due to endorsements from former FTX CEO Sam Bankman-Fried, but faced a survival crisis during the FTX collapse in 2022 [3] - The trend of companies accumulating cryptocurrencies as part of their balance sheets has emerged, inspired by Michael Saylor's investment strategy, although there are warnings about potential forced sell-offs in a declining market [3] Group 3 - The strategy of creating cryptocurrency reserves has been shown to drive price increases, as evidenced by Ethereum's recent price surge attributed to institutional buying [4]
Galaxy Closes $1.4 Billion Project Financing Facility to Accelerate Helios AI Datacenter Development
Prnewswire· 2025-08-15 11:00
Core Insights - Galaxy Digital Inc. has closed a $1.4 billion project financing facility to support the development of its Helios datacenter campus in West Texas, aimed at AI and HPC operations under a long-term agreement with CoreWeave [1][2] - The financing includes a $350 million equity contribution from Galaxy, with the remaining costs covered by the Debt Facility, which is secured at 80% loan to cost and has a 36-month term [2] - CoreWeave has committed to a total of 800 MW of power capacity at the Helios datacenter, with Galaxy expecting to generate over $1 billion in average annual revenue over the 15-year term of the agreements [3][4] Company Strategy - The financing is part of Galaxy's strategy to diversify its business model beyond cryptocurrency into the broader AI infrastructure space [2] - Galaxy aims to build one of the largest AI datacenter campuses globally, with 2.7 GW of additional power capacity under various stages of load study, and a potential full buildout capacity of up to 3.5 GW [5][6] - The company is focused on executing its long-term infrastructure plan with discipline and strategy to transform Helios into a leading AI datacenter campus [6]
Galaxy Appoints Matt Friedrich as Chief Legal Officer
Prnewswire· 2025-08-11 21:00
Company Overview - Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, providing solutions that accelerate progress in finance and artificial intelligence [4] - The company offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology [4] - Galaxy Digital is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia [4] Leadership Change - Matt Friedrich has been appointed as Chief Legal Officer, effective September 8, 2025, responsible for global legal and compliance matters [1][2] - Friedrich will report directly to CEO Mike Novogratz and will be a key member of the senior leadership team [1][2] - He succeeds Andrew Siegel, who served as General Counsel since 2017 and played a significant role in Galaxy's Nasdaq listing earlier this year [3][4] Experience and Background of New Chief Legal Officer - Prior to joining Galaxy, Friedrich held senior legal roles at Cognizant Technology Solutions and Chevron, overseeing global legal, compliance, and government affairs [2] - He has experience as a law firm partner and was a federal prosecutor for 13 years at the U.S. Department of Justice [2] - Friedrich expressed excitement about working with Galaxy's team to navigate the evolving landscape of digital assets and AI [3]