Galaxy Digital Stock Price, News & Analysis

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.

Commonwealth Fusion Systems (CFS) has secured an $863 million Series B2 funding round, marking the largest capital raise among deep tech and energy companies since their own $1.8 billion Series B round in 2021. The company has now raised nearly $3 billion in total, representing one-third of all private fusion industry investments worldwide.

The oversubscribed round attracted diverse international investors, including Counterpoint Global (Morgan Stanley), Google, Galaxy Interactive (NASDAQ: GLXY), and notable individual investors like Stanley Druckenmiller. The funds will support the completion of SPARC, their fusion demonstration machine, and advance development of ARC, their first commercial power plant in Virginia, targeted for early 2030s operation.

Strategic partnerships include Dominion Energy and Google, with Google committing to purchase half of the ARC plant's power output. A significant Japanese consortium of 12 companies led by Mitsui & Co. and Mitsubishi Corporation also joined the round.

CI Global Asset Management (GLXY) has announced significant enhancements to its digital asset investment funds lineup. Key developments include the launch of CI Galaxy Core Multi-Crypto ETF (CCCX), which provides exposure to bitcoin, Ethereum, and Solana, and the introduction of CI Solana Fund for mutual fund investors.

The company is implementing Canadian dollar hedged series across its digital asset funds and introducing a staking strategy for CI Galaxy Ethereum ETF (ETHX), with up to 50% of ETH holdings allocated to staking. The staking arrangement, approved by unitholders, will distribute rewards with 75% accruing to the ETF and up to 25% to CI GAM as a service fee.

Additionally, CI GAM has renamed three ETFs (CHNA.B, ONEB, and ONEQ) while maintaining their existing TSX tickers.

Galaxy Digital (NASDAQ:GLXY) has secured a landmark $1.4 billion project financing facility to accelerate the development of its Helios AI datacenter campus in West Texas. The company has provided $350 million in equity, with the debt facility covering remaining construction costs at an 80% loan-to-cost ratio.

CoreWeave has expanded its commitment by executing a second-phase lease agreement for an additional 260 MW of critical IT load, plus exercising an option for 133 MW, bringing their total commitment to the full 800 MW of approved power capacity. Galaxy projects average annual revenue exceeding $1 billion over the 15-year lease term.

The Helios campus has potential to scale to 3.5 GW power capacity, with 2.7 GW currently under load study. Initial power delivery to CoreWeave is scheduled for early 2026.

Soluna Holdings (NASDAQ: SLNH) has announced a significant expansion of its partnership with Galaxy Digital (NASDAQ/TSX: GLXY) for Bitcoin mining operations. The expanded agreement involves a 48 MW deployment at Project Kati 1 in Texas, bringing the project's total capacity to 83 MW.

Galaxy will relocate its Bitcoin mining operations from their Helios datacenter to Soluna's facility, marking Soluna's largest single-partner deployment to date. The project, which has secured tax abatement approvals, is set to begin construction in August 2025 and is expected to be operational in Q1 2026. This expansion builds upon an existing $5 million loan facility established between the companies in Q1 2025.

Once fully deployed, this expansion will increase Soluna's total operating capacity to 206 MW, reinforcing its position in providing renewable-powered infrastructure for intensive computing applications.

Galaxy Digital (NASDAQ:GLXY) has appointed Matt Friedrich as Chief Legal Officer, effective September 8, 2025. Friedrich, who previously held senior legal positions at Cognizant and Chevron, will oversee Galaxy's global legal and compliance matters, reporting directly to CEO Mike Novogratz.

Friedrich brings extensive experience from both public and private sectors, including 13 years at the U.S. Department of Justice where he served as Acting Assistant Attorney General of the Criminal Division. He succeeds Andrew Siegel, who has served as Galaxy's General Counsel since 2017 and played a crucial role in the company's recent Nasdaq listing.

Mill City Ventures (NASDAQ:MCVT) has announced a strategic partnership with Galaxy Digital (NASDAQ/TSX: GLXY) for managing its $450 million SUI treasury, marking the largest SUI treasury on public markets. Galaxy Asset Management will serve as the asset manager while also being a significant investor in Mill City.

The partnership aims to provide Mill City with institutional-quality execution, liquidity, and tailored staking strategies to grow SUI-per-share for shareholders. Galaxy participated in Mill City's recent $450 million private placement that initiated its SUI treasury strategy, positioning the company for long-term growth in the Sui blockchain ecosystem.

DDC Enterprise (NYSE:DDC) has announced a strategic collaboration with Galaxy Digital (Nasdaq/TSX:GLXY) to enhance its Bitcoin treasury management capabilities. The partnership will provide DDC with access to Galaxy's institutional trading platform and services, focusing on advanced trading integration, institutional-grade security, and robust treasury infrastructure.

Through this collaboration, DDC will leverage Galaxy's deep liquidity pools, sophisticated execution strategies, and multi-custodial model to manage its growing digital asset reserves. The partnership emphasizes security, regulatory compliance, and operational controls while enabling DDC to optimize its digital asset operations with increased efficiency and transparency.

Galaxy Digital (NASDAQ: GLXY) reported Q2 2025 financial results with net income of $30.7 million ($0.08 per diluted share) and Adjusted EBITDA of $211 million. The company's total equity reached $2.6 billion with $1.2 billion in cash and stablecoins.

Key highlights include Galaxy's successful Nasdaq listing under GLXY, record performance in Digital Assets operations, and CoreWeave's exercise of an additional 133MW capacity option at the Helios data center, bringing total committed power to 800MW. The company's Global Markets segment saw a 28% QoQ increase in adjusted gross profit to $55.4 million, while Assets under Management grew to $9 billion, up 27% QoQ.

Post-quarter, Galaxy completed a major transaction of over 80,000 bitcoin for a client and entered an agreement to acquire 160 acres of land, expanding Helios campus potential power capacity to 3.5GW.

[ "Net income of $30.7 million in Q2 2025, reversing previous quarter's loss", "Digital Assets adjusted gross profit increased 10% QoQ to $71.4 million", "Global Markets adjusted gross profit grew 28% QoQ to $55.4 million", "Assets under management increased 27% QoQ to $9 billion", "Average loan book size grew 27% to $1.1 billion", "CoreWeave committed to full 800MW power capacity at Helios campus", "Successful Nasdaq listing completed in Q2 2025" ]