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Galaxy Digital is tokenizing its Nasdaq-listed GLXY shares on Solana.
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Initiative launched via Superstate’s Opening Bell platform.
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First instance of SEC-registered shares issued directly onchain.
Shares Go Onchain
Galaxy Digital announced it will tokenize its equity on Solana using Superstate’s Opening Bell platform. This move allows stockholders to convert GLXY shares into blockchain tokens that can be held and transferred in digital wallets.
Unlocking Liquidity
The tokenized shares will eventually be tradable on Automated Market Makers (AMMs) and DeFi platforms, giving investors more liquidity and utility. Only KYC-approved investors will have access at first.
Industry First
Superstate said this is the first time SEC-registered public company shares are being issued directly on a blockchain, rather than wrapped or synthetic versions. Each token transaction updates the official shareholder list in real time, bridging crypto infrastructure with traditional finance.
Building a Model for the Future
Galaxy CEO Mike Novogratz said the initiative demonstrates how tokenized equities can bring transparency and programmability to financial markets. If successful, this model could be replicated by other Nasdaq-listed companies looking to embrace blockchain infrastructure.
