Coinpaper
2025-09-03 14:35:03

Galaxy Digital to Tokenize Its Shares on Solana in Superstate Deal

Quick Highlights Galaxy Digital teams up with Superstate to tokenize GLXY shares on Solana Tokenized shares align 1:1 with real equity and may enable 24/7 trading GLXY stock jumps 2.8% as Galaxy hints at further tokenized listings Galaxy Digital Partners With Superstate to Tokenize Shares on Solana Galaxy Digital has announced a partnership with Superstate, the company behind the Opening Bell platform, to tokenize its Class A common shares (GLXY) on the Solana blockchain. This marks one of the most significant moves yet in bridging traditional equity markets with blockchain-based infrastructure. How It Works: Tokenized Shares on Solana Superstate will serve as transfer agent, registering ownership instantly on Solana’s network. Each token will represent a 1:1 backed share of Galaxy Digital, ensuring alignment with real equity. The tokenization process is expected to: Accelerate settlements and streamline accounting Extend investor access and opportunities Enable future 24/7 trading of shares For now, access is restricted to KYC-approved investors, who will be able to store and exchange tokenized shares seamlessly. Transactions will automatically update ownership data on Superstate’s platform. Galaxy also specified the official contract address for GLXY tokens on Solana: 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK. The company warned that any other GLXY tokens should be treated as fraudulent . Galaxy’s Long-Term Vision Founder and CEO Mike Novogratz said the launch is part of a broader strategy: “By combining traditional equity with blockchain infrastructure, we’re helping build the foundation of a new capital marketplace. Tokenized shares bring transparency, speed, and scalability — not just for Galaxy, but for the entire market,” he stated. Market Reaction and Future Plans GLXY shares jumped 5.5% following the news. The stock is already listed on both the Toronto Stock Exchange and Nasdaq, and could now see increased visibility among digital-first investors. Superstate, which debuted its Opening Bell platform in May 2025, enables public companies to convert stocks into tokenized formats accessible to digital asset investors. Galaxy confirmed that additional listings on Opening Bell may follow in the future.

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.