Galaxy Digital is evaluating tokenizing its publicly traded shares with Superstate Services as it reports robust Q2 performance, including a 43% asset surge, an 80K-BTC sale, and significant Nasdaq debut developments.
Galaxy Digital disclosed in an SEC filing that it is exploring tokenizing its Class A common stock via blockchain, following its Nasdaq debut. In Q2 2025, the firm reported a 43% asset increase to $9.1 billion and a turnaround in net income, along with an 80K-BTC sale and expanded digital assets, staking, and data center operations. The move, supported by a digital transfer agency agreement with Superstate Services, underscores Galaxy's strategic pivot toward on-chain public equities, despite warnings that the market remains nascent.