Bringing digital assets and AI infrastructure to the forefront of U.S. markets Galaxy (Nasdaq: GLXY) begins trading on the Nasdaq today, marking a major milestone for a company operating at the forefront of two transformational technologies: digital assets and artificial intelligence. A New Chapter for a New Era Founded in 2018 by billionaire macro investor Mike Novogratz, Galaxy has evolved from a family office into a global platform spanning institutional trading, asset management, lending, venture investing, tokenization technology, and a suite of ETFs focused on bitcoin, ethereum, and other digital assets. Through disciplined growth and active risk management across multiple market cycles, Galaxy has built one of the world's largest institutional crypto derivatives trading desks, recording more than $20 billion in volume last year. The firm is also one of the largest crypto lenders globally. Now, the company is extending its leadership into the AI era. At its Helios data center campus in West Texas Galaxy is repurposing mining infrastructure to support high-performance compute and artificial intelligence workloads, with the potential to become one of the largest in the world. Earlier this year, Galaxy signed a 15-year partnership to host CoreWeave's AI and high-performance computing infrastructure at its Helios data center campus, creating a diversified source of predictable revenue that is uncorrelated to the prices of digital assets. |
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Already listed on the Toronto Stock Exchange, Galaxy's Nasdaq debut broadens its access to U.S. investors and reflects its commitment to align with evolving regulatory standards. Headquartered in New York, with offices across North America, Europe, the Middle East, and Asia, the firm is positioned to meet the growing global demand for digital asset infrastructure and advanced compute capabilities. Find us on Nasdaq under the ticker GLXY and learn more about how Galaxy is building the future of finance and AI at www.galaxy.com. |
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Legal Disclosure This announcement shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities. In addition, this announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No securities commission or securities regulatory authority in the United States or any other jurisdiction has in any way passed upon the merits of the Reorganization or the accuracy or adequacy of this communication. Certain statements in these materials constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 ("PLSRA"), Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of Galaxy Digital Inc.'s (the "Company") future financial performance or results, our anticipated growth strategies, anticipated trends in our business or future events and circumstances. These statements are only predictions based on the Company's current expectations, estimates, forecasts and projections about future events and trends that may affect the business, results of operations, financial condition and prospects. And as a result, these statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. For a further discussion of these risks, uncertainties and assumptions, please see the section titled "Risk Factors" in Part II, Item 1A of our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Forward-looking statements are provided as a general guide only, and should not be relied on as an indication or guarantee of future performance. They can be affected by inaccurate assumptions we might make or by known or unknown risks or uncertainties. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward-looking statement. Forward-looking statements speak only as of the date they are made. Subject to any continuing obligations under applicable law the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in these materials to reflect any change in expectations in relation to such forward-looking statements or any change in events, conditions or circumstances on which any such statement is based. |
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