Galaxy and Superstate Launch GLXY Tokenized Public Shares on Solana
Galaxy Digital (Nasdaq: GLXY) has partnered with Superstate to become the first public company to tokenize its SEC-registered equity directly on a major blockchain. Through Superstate's Opening Bell platform, stockholders can now tokenize their GLXY shares on the Solana blockchain, with shares maintaining full legal equivalence to traditional equity while gaining 24/7 market potential and near-instant settlement.
Unlike other tokenized stock offerings that use wrapper or synthetic models, these tokens represent actual Galaxy Digital Class A Common Stock with all associated rights. Superstate, serving as the SEC-registered transfer agent, records legal ownership onchain in real-time. The official Contract Address on Solana is 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK.
Galaxy Digital (Nasdaq: GLXY) ha collaborato con Superstate diventando la prima società pubblica a tokenizzare la propria azione registrata presso la SEC direttamente su una blockchain importante. Tramite la piattaforma Opening Bell di Superstate, gli azionisti possono ora tokenizzare le loro azioni GLXY sulla blockchain Solana, mantenendo piena equivalenza legale con l’equity tradizionale, ma acquisendo il potenziale di mercato 24/7 e la liquidazione quasi istantanea.
Contrariamente ad altre offerte di azioni tokenizzate che utilizzano modelli wrapper o sintetici, questi token rappresentano effettivamente le azioni Classe A ordinarie di Galaxy Digital con tutti i diritti connessi. Superstate, in qualità di agente di trasferimento registrato presso la SEC, registra la proprietà legale onchain in tempo reale. L'indirizzo del contratto su Solana è 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK.
Galaxy Digital (Nasdaq: GLXY) se ha asociado con Superstate para convertirse en la primera compañía pública en tokenizar su acción registrada ante la SEC directamente en una blockchain importante. A través de la plataforma Opening Bell de Superstate, los accionistas pueden ahora tokenizar sus acciones GLXY en la blockchain Solana, conservando plena equivalencia legal con la equidad tradicional y ganando acceso a un mercado 24/7 y liquidación casi instantánea.
A diferencia de otras ofertas de acciones tokenizadas que usan modelos wrapper o sintéticos, estos tokens representan acciones reales Clase A ordinarias de Galaxy Digital con todos los derechos asociados. Superstate, como agente de transferencia registrado en la SEC, registra la titularidad legal onchain en tiempo real. La dirección del contrato en Solana es 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK.
Galaxy Digital (Nasdaq: GLXY)는 Superstate와 협력하여 주요 블록체인에 자사의 SEC 등록 주식을 직접 토큰화한 최초의 상장사가 되었습니다. Superstate의 Opening Bell 플랫폼을 통해 주주들은 이제 Solana 블록체인에 GLXY 주식을 토큰화할 수 있으며, 이는 전통적인 주식과 법적 동일성을 유지하면서 24시간·연중무휴 거래 가능성과 거의 즉시 정산되는 장점을 제공합니다.
래퍼(wrapper)나 합성 모델을 사용하는 다른 토큰화 주식과 달리, 이 토큰은 모든 관련 권리를 갖는 실제 Galaxy Digital 보통주(Class A)를 나타냅니다. SEC에 등록된 양도대리인인 Superstate가 법적 소유권을 실시간으로 온체인에 기록합니다. Solana의 계약 주소(Contract Address)는 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK입니다.
Galaxy Digital (Nasdaq: GLXY) s'est associé à Superstate pour devenir la première entreprise cotée à tokeniser directement ses actions enregistrées auprès de la SEC sur une blockchain majeure. Via la plateforme Opening Bell de Superstate, les actionnaires peuvent désormais tokeniser leurs actions GLXY sur la blockchain Solana, les actions conservant une équivalence juridique totale avec les titres traditionnels tout en bénéficiant d'un accès au marché 24/7 et d'une liquidation quasi instantanée.
Contrairement à d'autres offres d'actions tokenisées qui utilisent des modèles wrapper ou synthétiques, ces tokens représentent de véritables actions ordinaires Classe A de Galaxy Digital avec tous les droits associés. Superstate, en tant qu'agent de transfert enregistré auprès de la SEC, enregistre la propriété légale onchain en temps réel. L'adresse du contrat sur Solana est 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK.
Galaxy Digital (Nasdaq: GLXY) hat sich mit Superstate zusammengeschlossen und ist damit das erste börsennotierte Unternehmen, das seine bei der SEC registrierten Aktien direkt auf einer bedeutenden Blockchain tokenisiert. Über Superstates Opening Bell-Plattform können Aktionäre nun ihre GLXY-Aktien auf der Solana-Blockchain tokenisieren, wobei die Aktien volle rechtliche Gleichwertigkeit mit traditionellem Eigenkapital behalten und gleichzeitig 24/7-Marktzugriff sowie nahezu sofortige Abwicklung bieten.
Im Gegensatz zu anderen tokenisierten Aktienangeboten, die Wrapper- oder synthetische Modelle verwenden, repräsentieren diese Token tatsächlich Galaxy Digital Class-A-Stammaktien mit allen damit verbundenen Rechten. Superstate fungiert als bei der SEC registrierter Transferagent und erfasst das rechtliche Eigentum in Echtzeit onchain. Die offizielle Contract Address auf Solana lautet 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK.
- First-ever tokenization of SEC-registered public equity on a major blockchain
- Real-time onchain ownership recording and near-instant settlement capabilities
- Potential for 24/7 market trading
- Future possibility for trading via Automated Market Makers (AMM) and DeFi platforms
- Trading limited to KYC'd investors only
- Regulatory uncertainty around AMM and DeFi platform integration
- Potential security risks associated with blockchain-based trading
Insights
Galaxy's pioneering SEC-registered tokenized shares on Solana creates new market infrastructure bridging traditional finance with blockchain benefits.
Galaxy Digital's partnership with Superstate to tokenize GLXY shares on Solana represents a watershed moment for capital markets. Unlike previous tokenized stock offerings that used synthetic models or wrappers, this implementation tokenizes actual SEC-registered shares with full legal ownership rights recorded on-chain in real-time.
The technical architecture here is revolutionary: these are not derivatives or representations, but actual Galaxy Class A Common Stock with all associated rights, maintained by Superstate acting as the SEC-registered transfer agent. This creates a direct bridge between traditional securities infrastructure and blockchain's native capabilities.
The implementation on Solana provides three key advantages: transparency (on-chain verification of ownership), programmability (potential for smart contract integration), and composability (interaction with other on-chain financial services). Most significantly, this enables near-instant settlement compared to the traditional T+1 or T+2 settlement cycles in conventional markets.
Looking ahead, Galaxy and Superstate's exploration of Automated Market Maker (AMM) integration could fundamentally transform liquidity models for public equities. This would enable 24/7 trading of securities with pricing determined algorithmically rather than through traditional order books – potentially reducing intermediary costs and market friction.
The designation of a specific contract address (2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK) for official Galaxy shares demonstrates the necessary security precautions being implemented to prevent fraud in this new infrastructure paradigm.
This tokenization initiative represents a significant advancement in market structure evolution. By becoming the first Nasdaq-listed company with SEC-registered equity tokenized directly on a major blockchain, Galaxy is establishing a template that other public companies may follow.
The key innovation here is the removal of settlement intermediaries while maintaining regulatory compliance. Traditional equity transfers require multiple intermediaries and typically 1-2 business days for settlement. Galaxy's tokenized shares potentially enable near-instantaneous ownership transfers while still updating the official shareholder records in real-time.
From a regulatory perspective, this implementation appears to have addressed critical compliance requirements through Superstate's role as an SEC-registered transfer agent. The KYC requirements for participants and the structured approach to tokenization suggests regulatory cooperation, possibly as part of the SEC's Project Crypto innovation agenda mentioned in the release.
The potential integration with Automated Market Makers (AMMs) could fundamentally transform equity market microstructure. Traditional exchanges use centralized order books with market makers, while AMMs use algorithmic liquidity pools - potentially enabling constant trading liquidity without designated market makers.
Worth noting is the relationship between Galaxy and Superstate, with the latter being a Galaxy Ventures portfolio company. This vertical integration demonstrates how Galaxy is strategically positioning itself within the blockchain financial infrastructure ecosystem, both as an investor in the technology and as an early adopter of the resulting innovations.
First Ever Tokenization of SEC-Registered Public Equity on a Major Blockchain
Effective immediately, stockholders can now tokenize their GLXY shares through Superstate's Opening Bell platform.
While other tokenized stock offerings rely on wrapper or synthetic models — often done without issuer involvement — Superstate works directly with companies to enable tokenization of their SEC-registered shares. These are not derivatives or representations; they are Galaxy Digital Class A Common Stock, with all the rights that confers. As the SEC-registered transfer agent, Superstate records legal ownership onchain in real time as tokens are transferred.
"We're proud to be working with Superstate to help lay the groundwork for an onchain capital market that bridges traditional equities with next-generation infrastructure," said Mike Novogratz, Founder and CEO of Galaxy. "Our goal is a tokenized equity that brings the best of crypto – transparency, programmability, and composability – into the traditional world. And we're taking part in building a model that can scale, not just for Galaxy, but for the market more broadly."
Galaxy's launch on Opening Bell represents a step-change in public equity infrastructure. The shares remain fully compliant and legally equivalent to traditional equity, but now benefit from the speed, transparency, and efficiency of blockchains. By tokenizing on Solana, Galaxy's equity gains 24/7 market potential and near-instant settlement.
"This is the first instance of a Nasdaq-listed company being tokenized on a major public blockchain. When tokens change hands, the registered shareholder list of Galaxy updates in real-time. Financial markets are undergoing a massive upgrade with Superstate," said Robert Leshner, CEO of Superstate.
Galaxy and Superstate are continuing to explore how tokenized public equities could trade via Automated Market Makers (AMM) in a regulatory-compliant manner -as part of the SEC's broader Project Crypto innovation agenda. Subject to these regulatory considerations, Galaxy's tokenized shares—and future listings on Opening Bell—could be made available on AMMs and other DeFi platforms, unlocking broader liquidity and utility for investors and issuers alike.
Galaxy's tokenized shares will be available to approved KYC'd investors who can hold and transfer them within their own crypto wallets. When onchain transfers occur between verified participants the ownership records are updated by Superstate, acting as the official transfer agent. Superstate is a Galaxy Ventures portfolio company, reflecting Galaxy's broader strategy of investing in and partnering with companies driving blockchain-based innovations.
Galaxy shares' Contract Address on Solana is 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK. Any tokens from other smart contract addresses that claim to be onchain shares of GLXY stock, or true issuances from Galaxy Digital, are fraudulent.
For more detailed information on this announcement, please refer to Galaxy's White Paper on the tokenization process and related FAQs.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of Galaxy's securities, nor shall there be any sale of Galaxy's 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.
About Galaxy
Galaxy (Nasdaq/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the
About Superstate
Superstate is a financial technology firm reshaping public capital markets. They connect financial assets with crypto capital markets to expand access, improve liquidity, and advance capital formation through onchain public listings and tokenized investment products. Their offerings include Opening Bell, a platform for compliant onchain equity listings; USTB, a tokenized fund backed by US Treasuries; and USCC, a tokenized fund optimized for crypto basis exposure. Learn more at superstate.com.
About Opening Bell
Opening Bell, launched by Superstate in May 2025, is a regulated onchain tokenization platform enabling companies to make SEC-registered public equity shares available on major blockchains. It allows compliant, programmable equity to participate in digital finance ecosystems.
Disclaimer:
The TSX has not approved or disapproved of the information contained herein.
Caution About Forward-Looking Statements:
The information in this document may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and "forward-looking information" under Canadian securities laws (collectively, "forward-looking statements"). Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future and tokenized equities. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this document are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks include, but are not limited to, the risks contained in filings we make with the Securities and Exchange Commission (the "SEC") from time to time, including in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 5, 2025, and available on Galaxy's profile at www.sec.gov. Should one or more of these risks or uncertainties materialize, they could cause our actual results to differ materially from the forward-looking statements. Factors that could cause actual outcomes to differ materially from those described in such forward-looking statements include, but are not limited to, challenges with respect to regulations and implementation of the initiatives described.
Except as required by law, we assume no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.
©Copyright Galaxy Digital 2025. All rights reserved.
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SOURCE Galaxy Digital Inc.
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