
Galaxy Digital, a company specializing in digital assets and AI infrastructure, officially debuted on the Nasdaq Exchange on May 16, 2025. The stock, trading under the ticker $GLXY, has gained notable traction, rallying over 6% following its Nasdaq listing and continuing to rise by 8.5% alongside a new record high for Bitcoin, which approached $110,000. The company's bullish outlook is supported by several factors including Bitcoin's surge to all-time highs, a 350% post-IPO increase in $CRWV, and recent cybersecurity issues at Coinbase ($COIN), where 70,000 customers were hacked. This breach is expected to drive more institutional investors toward Galaxy Digital's platform. Additionally, the company is involved in a deal with $CRWV that remains underappreciated by many institutional investors. Galaxy Digital has also been welcomed by the Crypto Council for Innovation (CCI), highlighting its growing influence in the crypto policy space. Other cryptocurrency-related stocks such as Coinbase ($COIN), Robinhood ($HOOD), and eToro ($ETOR) have also seen modest gains of about 2% amid this positive market sentiment.

New record high for Bitcoin just below $110K. $GLXY rallying again. Up 8.5%. $COIN $HOOD $ETOR all up about 2% as well.
CCI welcomes @galaxyhq, a global leader in digital assets and AI infrastructure. It's an important time in crypto policy and we are excited to have your expertise at the table with us. https://t.co/WY7c1sX9aF
$GLXY Bull case has never ever been stronger than the current moment. ✅ $BTC ripping to all time highs ✅ $CRWV ripping up 350% post IPO ✅ $COIN disclosing today 70K customers were hacked, which will push more inst. investors to use @galaxyhq ✅ GENIUS act getting closer to