PANews reported on April 30 that Galaxy Digital Holdings (TSX: GLXY) announced plans to list on the Nasdaq Global Select Market on May 16, 2025, subject to the approval of its restructuring and re-registration plan at the special shareholders meeting on May 9 and final approval by Nasdaq. If all goes well, the reorganized US company Galaxy Digital Inc. will trade on Nasdaq under the ticker GLXY, while retaining its listing on the Toronto Stock Exchange in the short term.

CEO Mike Novogratz said the move will provide Galaxy with a new growth platform, expand its investor base, and better serve the digital asset and AI infrastructure ecosystem. Existing BRPHF shares in the OTC market will be converted into Nasdaq GLXY shares, and shareholders do not need to pay migration fees. The relocation documents and voting materials have been submitted to the US SEC and Canadian SEDAR platforms.