The Crypto Investment Giant Galaxy Digital is planning to mention on the Nasdaq next month.
The US Securities and Exchange Commission (SEC) has lit Green’s statement statement of the company with regard to its reorganization and domestication of the Cayman Islands to Delaware, according to a new press release.
Galaxy has planned a shareholders’ meeting before 9 May to approve the reorganization. In anticipation of approval, class A ordinary shares of Galaxy Digital Inc., a New Delaware Holding Company, will mention on the Nasdaq under the Ticker symbol GLXY.
The reorganization was attached shortly after the company ended legal problems with American supervisors: Last month Galaxy settled with the New York State Attorney General for $ 200 million after he was confronted with allegations that it illegally injected the fatal Luna-Token.
New York Attorney General Letitia James to claim On the founder of Terra Do Kwon, Galaxy Digital recruited to buy Luna -Tokens and argues for his project in the West.
James says that in October 2020, the investment firm, which did not allow the AG’s allegations, bought 18.5 million Luna from Terraform Labs for $ 0.22 per token, a discount of almost 30% on the then market price of $ 0.31.
“Like Michael Novogratz, founder and chief executive officer of Galaxy, later said, Galaxy helped the interest in Luna because of her marketing efforts. Tattoo reached Luna $ 100.
But while Novogratz posted photos of his tattoo and his Luna -Bullishness expressed the public, Galaxy sold millions of tokens in the market against many multiples of his initial costs without making known that it was sold. “
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