Welcome to our dedicated page for Galaxy Digital news (Ticker: GLXY), a resource for investors and traders seeking the latest updates and insights on Galaxy Digital stock.
Galaxy Digital Inc. (GLXY) generates a steady flow of news at the intersection of digital assets, capital markets, and data center infrastructure. As a Nasdaq and TSX-listed company, Galaxy announces developments that span institutional trading and lending, staking, tokenization, and the buildout of large-scale AI and high-performance computing (HPC) facilities.
News updates frequently highlight infrastructure milestones, such as power approvals and financing arrangements for the Helios data center campus in Texas. These items cover credit agreements, interconnection studies, and long-term power capacity that support Helios’s evolution into a multi-gigawatt AI and HPC campus.
Galaxy’s capital markets and structured product activities are another major news theme. The company has announced a tokenized collateralized loan obligation (CLO) on the Avalanche blockchain to support its lending activities, as well as partnerships with firms like Invesco and State Street Investment Management on digital asset ETPs and tokenized liquidity funds. These stories illustrate how Galaxy applies tokenization technology to traditional financial structures.
Additional coverage focuses on staking and liquid staking, including Galaxy’s role as Development Company for Liquid Collective and integrations with custodial platforms such as Coinbase Prime. News in this area often details how institutional clients can access staking infrastructure, liquid staking tokens, and related onchain strategies.
Investors and market participants following GLXY news can expect updates on institutional partnerships, financing transactions, regulatory filings, and product launches that reflect Galaxy’s dual focus on digital asset markets and AI/HPC data center infrastructure. This news feed is a resource for tracking how the company executes its strategy across these domains.
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" ]Mill City Ventures (NASDAQ: MCVT) has successfully completed a $450 million private placement and launched its Sui blockchain treasury strategy. The company has acquired 76,271,187 SUI tokens at an average price of $3.6389 per token through an OTC agreement with the Sui Foundation.
Karatage Opportunities, led by Marius Barnett and Stephen Mackintosh, acted as lead investor alongside the Sui Foundation. Notable investors included Galaxy Digital, Pantera Capital, and other prominent firms. Barnett has been appointed as Chairman of the Board, while Mackintosh becomes Chief Investment Officer.
The company will dedicate approximately 98% of the net proceeds to SUI acquisition and treasury management, becoming the first publicly-traded SUI treasury with Sui Foundation backing. Galaxy Asset Management will serve as the Asset Manager.
GK8 by Galaxy (NYSE:GLXY) has announced the expansion of its institutional-grade digital asset custody platform to include Solana blockchain DeFi protocols. The platform now enables financial institutions and crypto funds to securely interact with Solana-based DeFi protocols like Orca, Radium, and Jupiter.
The integration provides institutional-grade security features including transaction and role-based permissions, multi-step approvals, and up to 7,500 signatures per second performance. Users can transact directly with Solana and EVM-based protocols via MetaMask and WalletConnect while maintaining full control through GK8-managed uMPC wallets.
Galaxy Digital (NASDAQ: GLXY) has announced the appointment of Doug Deason as an independent director to its Board of Directors, effective immediately. Deason, who serves as president of Deason Capital Services, will also join the company's Nominating and Corporate Governance Committee.
Deason brings extensive experience in financial services, real estate, and public markets, along with strong connections to the Texas business community and national policy circles. He currently serves as Chairman of Great American Media and holds board positions at Ryan, LLC, and Park Cities Financial Group. His civic roles include positions with MD Anderson Cancer Center and the Texas Public Policy Foundation.
Mill City Ventures III (NASDAQ:MCVT) has announced a significant $450 million private placement at $5.42 per share, involving the sale of 83,025,830 shares. The placement is led by Karatage Opportunities and Sui Foundation, with participation from notable firms including Galaxy Digital, Pantera Capital, and others.
The company plans to use 98% of proceeds to acquire SUI tokens as its primary treasury reserve asset, while 2% will fund its short-term lending business. Upon closing, expected around July 31, 2025, Karatage co-founders Marius Barnett and Stephen Mackintosh will assume positions as Chairman and Chief Investment Officer, respectively.
This strategic pivot establishes Mill City as the sole SUI treasury with Sui Foundation support, providing institutional-grade exposure to the Sui blockchain ecosystem through a publicly traded structure.
Galaxy Digital (NASDAQ: GLXY) has achieved a significant milestone by executing one of the largest bitcoin transactions in crypto history. The company facilitated the sale of over 80,000 bitcoin, valued at approximately $9 billion at current market prices, on behalf of a Satoshi-era investor.
The historic transaction was conducted as part of the early bitcoin investor's estate planning strategy, marking one of the most substantial exits from the digital asset market by an early adopter.