Galaxy Stock Jumps on 140% Trading Volume Increase in Q3
Yahoo Financeยท2025-10-21 15:32
Galaxy Digital shares jumped on Tuesday after the institutional crypto firm reported $505 million in third-quarter profits amid an increasing amount of assets on its platform. The New York-based firm, which debuted GalaxyOne this month, is positioning itself as a competitor to retail-focused platforms like Robinhood and Coinbase, and it said that its platform reached a record $17 billion in assets in the third quarter, up 70% quarter-over-quarter. Galaxy shares surged to $46 when markets opened on Monday, a ...