According to the official announcement, Galaxy Digital Holdings (TSX: GLXY) has announced plans to list on the Nasdaq Global Select Market on May 16, 2025, provided that the restructuring and redomiciliation plan is approved at the special shareholders' meeting on May 9 and receives final approval from Nasdaq. If successfully advanced, the restructured U.S. company Galaxy Digital Inc. will trade under the ticker GLXY on Nasdaq, while retaining its listing on the Toronto Stock Exchange in the short term.

CEO Mike Novogratz stated that this move will provide Galaxy with a new growth platform, expand its investor base, and better serve the digital asset and AI infrastructure ecosystem. The existing OTC market BRPHF shares will be converted to Nasdaq GLXY shares, with shareholders not required to pay any transfer fees. The redomiciliation documents and voting materials have been submitted to the U.S. SEC and the Canadian SEDAR platform.