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Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports

Coin Telegraph LogoCoin Telegraph21h ago

Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports - Coin Telegraph

Quick Summary:

Source: Galaxy DigitalReal-world asset (RWA) tokenization is gaining traction in crypto, though it still represents a small share of the market.Data from RWA.xyz shows the sector's market cap at $22.5 billion — a fraction of both global real-world asset values and major cryptocurrencies like Bitcoin (BTC).

Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported.

At the SEC’s crypto roundtable on May 12, Chair Paul Atkins compared the tokenization of assets to the music industry moving from analog to digital, which, according to Atkins, greatly benefited the American economy.

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Article Details

Author / Journalist: Cointelegraph by Christopher Tepedino

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 20:40:00 (21 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28750925

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 20 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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