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Galaxy Digital (GLXY) Stock News

GLXY Nasdaq

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. develops digital asset businesses and data center infrastructure for institutional finance, individual-investor crypto access, and AI and high-performance computing workloads. Company news commonly covers trading, advisory, asset management, staking, self-custody, tokenization technology, and GalaxyOne product updates, including staking and onchain cash-management initiatives.

Recurring updates also include the Helios data center campus in Texas, power-capacity approvals, lease and operations milestones, quarterly financial results, share repurchases, capital-market infrastructure partnerships, and listing matters. Galaxy’s Class A common stock trades on Nasdaq under the symbol GLXY after the company completed its voluntary delisting from the Toronto Stock Exchange.

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Galaxy Digital (NASDAQ: GLXY) has announced a strategic integration with Fireblocks, a leading digital asset infrastructure platform. This collaboration enables Fireblocks' network of over 2,000 financial institutions to access Galaxy's institutional staking services directly from their Fireblocks vaults.

The integration allows institutions to participate in secure, scalable staking while exploring advanced trading and lending strategies. Galaxy currently manages $3.15 billion in assets under stake as of June 30, 2025. This marks Galaxy's third custodial integration in 2025, following partnerships with Zodia Custody and BitGo, as part of their mission to expand institutional access to blockchain infrastructure services.

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Galaxy Digital (NASDAQ: GLXY) has successfully closed its inaugural Galaxy Ventures Fund I (GVF I) with over $175 million in capital commitments, exceeding its $150 million target. The oversubscribed fund focuses on early-stage investments in companies building the onchain economy, particularly in areas like stablecoins, payments, and tokenization.

The fund has attracted diverse limited partners including institutional investors, family offices, and strategic digital asset businesses. Galaxy Ventures' portfolio already includes notable startups like 1Money, Arch Lending, and Ethena, among others. The team, led by Will Nuelle and Mike Giampapa, has historically backed more than 120 companies and offers portfolio companies access to Galaxy's global network of over 550 employees.

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CI Global Asset Management has announced plans to implement a staking strategy for its CI Galaxy Ethereum ETF (ETHX), Canada's largest direct Ether ETF. The proposal involves staking up to 50% of the ETF's Ether holdings, with rewards being split between unitholders (minimum 75%) and CI GAM (up to 25%) as a Staking Service Fee. Galaxy Asset Management will facilitate the staking arrangements as sub-advisor. A unitholder meeting is scheduled for August 20, 2025, to vote on the proposed fee structure. The initiative aims to enhance returns through staking rewards, improve capital efficiency, and strengthen the ETF's competitive position. The Independent Review Committee has provided positive recommendation for the proposal, determining it achieves a fair and reasonable result for the ETF.
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Galaxy Digital (NASDAQ: GLXY) has announced the pricing of its upsized public offering of 31.6 million shares of Class A common stock at $19.00 per share. The offering consists of 26.4 million shares from Galaxy and 5.2 million shares from existing stockholders. Underwriters have a 30-day option to purchase up to 4.74 million additional secondary shares. This marks Galaxy's first underwritten public offering since listing on Nasdaq. The company plans to use the proceeds to purchase LP Units from its subsidiary GDH LP, which will fund the expansion of AI and high-performance computing infrastructure at its Helios data center in West Texas. The offering, led by Goldman Sachs, Jefferies, and Morgan Stanley, is expected to close on June 3, 2025.
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Galaxy Digital (NASDAQ: GLXY) has announced an underwritten public offering of 29 million shares of Class A common stock, marking its first such offering since listing on Nasdaq. The offering consists of 24.15 million shares from Galaxy and 4.85 million shares from existing stockholders. Underwriters have a 30-day option to purchase up to 4.35 million additional secondary shares. The company plans to use the proceeds to purchase LP Units from its subsidiary GDH LP, which will fund the expansion of AI and high-performance computing infrastructure at its Helios data center in West Texas. Goldman Sachs, Jefferies, and Morgan Stanley are leading the offering as joint book-running managers. The offering is subject to SEC registration effectiveness and Canadian securities regulations.
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FAQ

What is the current stock price of Galaxy Digital (GLXY)?

The current stock price of Galaxy Digital (GLXY) is $22.84 as of August 24, 2026.

What is the market cap of Galaxy Digital (GLXY)?

The market cap of Galaxy Digital (GLXY) is approximately 8.9B.