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.
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.
Function has secured a $10M seed round with Galaxy Digital (NASDAQ/TSX: GLXY) joining as a core contributor and investor alongside Antalpha and Mantle. The company's flagship product, FBTC, has achieved $1.5B in Total Value Locked (TVL) and aims to transform Bitcoin from a passive store of value into a productive financial asset.
Function's platform enables institutional Bitcoin yield generation through FBTC, a fully reserved 1:1 Bitcoin-backed asset integrated with over 8 major protocols and 25 leading dApps. The infrastructure focuses on institutional trust, sustainable yield generation, and omnichain compatibility across networks including Ethereum, Arbitrum, and Mantle.
Galaxy Digital (NASDAQ: GLXY) has announced its upcoming second quarter 2025 financial results webcast and conference call, scheduled for August 5, 2025. The company will release its financial results before the opening of Nasdaq and TSX, followed by a conference call at 8:30 AM Eastern Time.
CEO and Founder Michael Novogratz and management will host the call to update investors and analysts. The event will be accessible via live webcast on the company's investor relations website, with dial-in options available for U.S. and Canadian participants.
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.
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.