Galaxy Digital, in partnership with Jump Crypto and Multicoin Capital, has initiated a $1.65 billion PIPE transaction to launch GLXY tokenized public shares on Solana. This strategic move targets institutional investors by leveraging Solana’s high-performance blockchain to build an active digital asset treasury and infrastructure.
June 2025 saw significant movements in the crypto space with over $1 billion invested in spot Bitcoin ETFs as the dollar weakens. Ripple hit legal challenges with a federal judge denying their appeal over a $125 million penalty, while Kraken expanded globally by launching 'Krak,' their peer-to-peer money app across 110 countries. Galaxy Digital raised $175 million focusing on DeFi and stablecoins, and the real-world asset tokenization market surged 380% to $24 billion. Despite legal setbacks and market volatility, cautious optimism remains.
Galaxy Digital Inc. has made history by becoming the first Nasdaq-listed company to tokenize SEC-registered public equity shares. Their GLXY Class A Common Stock is now tokenized on the Solana blockchain, enabling approved investors to hold and transfer shares securely and efficiently with real-time ownership updates.
Galaxy Digital Inc. and Superstate have introduced GLXY tokenized public shares on the Solana blockchain, enabling seamless and efficient trading of digital assets. This innovation enhances liquidity and accessibility for investors.
Galaxy Digital's recent investment in K Wave Media highlights a noteworthy shift towards integrating Bitcoin into mainstream media operations, reflecting the growing acceptance of cryptocurrency in traditional sectors.