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Galaxy Digital Holdings Ltd BRPHF


Primary Symbol: T.GLXY

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy Trading, provides spot and derivative executions, as well as liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. Its asset management business, Galaxy Asset Management, manages capital on behalf of third parties in exchange for management fees and performance-based compensation. Its investment banking business, Galaxy Investment Banking, offers financial and strategic advisory services for the digital asset, cryptocurrency and blockchain technology sectors. The Company operates various offices across North America, Europe and Asia.


TSX:GLXY - Post by User

Post by MaterialsManon Nov 22, 2024 6:50am
114 Views
Post# 36325402

The new guard

The new guardWith the SEC changing leadership (Gensler's being gone), a friendlier environment should help with a speedier transition to the Nasdaq listing.
I guess he announced he's stepping down, but I haven't seen when.
This should be an added catalyst.
Granted that Galaxy has crypto on its balance sheet, which surely creates interest from investors, but does anyone have a feel for whether the core business justifies its valuation (MC).
The lack of upward movement in the SP, especially considering the current environment is somewhat worrisome.

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