Galaxy Digital completed its relocation to the United States and plans to land on Nasdaq this week

PANews reported on May 13 that according to The Block, crypto asset management company Galaxy Digital has completed the restructuring process of relocating from Cayman to the United States and plans to be listed on Nasdaq on May 16 under the code "GLXY". On the same day, the company announced a net loss of US$295 million in Q1 2025, mainly affected by the decline in digital asset prices and mining-related impairment expenditures. Despite the decline in performance, the company's cash and stablecoin reserves still reached US$1.1 billion.