Galaxy Digital Launches Stock Tokenization on Nasdaq, Solana Blockchain is the Key Technology!

Updated

September 4, 2025

Gambar Galaxy Digital Launches Stock Tokenization on Nasdaq, Solana Blockchain is the Key Technology!

Jakarta, Pintu News – Today, Galaxy Digital announced a revolutionary step in the world of finance by becoming the first Nasdaq-listed company to tokenize its shares using the Solana blockchain. The partnership with Superstate, a financial technology company, allows Galaxy Digital’s class A shares to be tokenized. Check out the full news in this article!

Introduction to Digital Galaxy Stock Tokenization

Galaxy Digital has taken a major step by tokenizing its shares on the Solana (SOL) blockchain. This represents the first time a public equity stock registered with the SEC has been placed on a major blockchain.

Shareholders can now convert and hold Galaxy Digital’s class A common stock in tokenized form through Superstate’s Opening Bell platform. Superstate, which acts as a transfer agent registered with the SEC, is exploring the integration of these shares into its regulated Automated Market Makers (AMMs). This, if approved, will increase liquidity and participation on the decentralized finance platform.

Also read: ABTC’s Spectacular Debut on Nasdaq, Shares Soar?

Benefits of Tokenization for the Capital Market

Mike Novogratz, founder and CEO of Galaxy Digital, stated that stock tokenization is the foundation for capital markets that connects traditional equities with digital infrastructure. He emphasized that tokenized equities can bring benefits such as faster settlement of transactions and the potential for markets that operate 24/7.

Robert Leshner, CEO of Superstate, called this launch an important milestone for the financial markets. He also stated that the onchain infrastructure can improve the equity system by allowing instant shareholder updates whenever tokens are transferred.

With increased regulatory approvals, tokenized equities such as Galaxy Digital shares have the potential to redefine the way investors access and transact publicly issued shares globally.

Market Reaction to Tokenization News

According to data from TradingView, shares of Galaxy Digital are currently trading at $24.16, an increase of 2.85% from the previous day which stood at $23.49. The tokenization announcement provided a positive boost as the stock rose $0.67 in the session. GLXY stock has also performed well in various periods.

Galaxy Digital’s shares have increased by 82.75% in the past six months and are up 37.27% since the beginning of the year. In the past year, its shares have risen by 112.30%, indicating that investors are increasingly confident in Galaxy’s involvement in digital finance.

Conclusion

This development confirms Galaxy Digital’s position as a blockchain innovation leader. With this bold move, Galaxy Digital not only strengthens its position in the capital market, but also paves the way for other companies to follow suit in digital financial innovation.

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