Galaxy Digital officially began trading on the Nasdaq exchange on May 16. The stock opened at $23.50 per share under the ticker GLXY, following a direct listing. The crypto and AI-focused company had previously traded on the Toronto Stock Exchange since 2020. CEO Mike Novogratz called the listing process “unfair
eToro Group made a fantastic debut on the U.S. exchange on Wednesday, with the stock price surging almost 30% on its first day of trading. Its stock price closed at $67, above its IPO price of $52. It brings the company’s market capitalization to over $5.5 billion. Upsized Offering Reflects
Nasdaq-listed GD Culture Group has committed up to $300 million to buy Bitcoin and the Trump-themed TRUMP memecoin. The announcement came in a May 11 SEC filing. The company plans to use funds raised from a stock deal with an unnamed investor in the British Virgin Islands. GDC has no
eToro is making headlines in the crypto planet, as its IPO price is set to $52 per share. It is much higher than its originally marketed range, paving the way for its trading debut on the Nasdaq Global Select Market on May 14. The company that provides cryptocurrency and stock
GD Culture Group, a Nasdaq-listed company best known for its work in AI and livestream e-commerce, has stunned markets by announcing plans to pour up to $300 million into Bitcoin and the TRUMP memecoin. The money will come through a stock sale deal with an unnamed investor based in the
Billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. has received approval for a direct listing on the Nasdaq stock exchange. According to a press release issued by Galaxy Digital, the company announced that trading will begin soon after a special shareholder meeting. Galaxy Digital has filed an approved Form S-4 to
Bitcoin and the broader crypto market show resilience as U.S. equities face a brutal selloff. President Donald Trump’s unveiling of reciprocal tariffs sparked a $5.4 trillion wipeout in just two days. The S&P 500 dropped to its lowest in 11 months, while the Nasdaq 100 entered bear market territory. Despite
Nasdaq has submitted a key 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list and trade Grayscale’s spot Hedera (HBAR) exchange-traded fund (ETF). The move marks the second step in the SEC’s approval process. Once acknowledged, the filing will be published in the Federal Register, triggering the
Nasdaq filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to let in-kind creation and redemption take place for the BlackRock iShares Bitcoin Trust (IBIT). This could hugely boost the operating efficiency of the largest spot Bitcoin exchange-traded fund on the market. In-kind creation and redemption
Nasdaq is one of the reputed stock exchange platforms and financial services corporations in the US. Despite being a renowned firm, it couldn’t avoid social media hackers from hacking its official X account. When a hacker compromised its account and promoted STONKS memecoin, its market capitalization skyrocketed. As per the
