Galaxy Digital Holdings Ltd., trading under the ticker $GLXY, has officially listed on the Nasdaq Exchange. The company's debut on the exchange was marked by a significant rally, with shares increasing by more than 6% on the first trading day and up to 20% from an analysis conducted on the preceding Wednesday. This listing marks day 2 of $GLXY being a Nasdaq listed company, which has been described as a huge milestone for the firm. The listing has sparked interest among retail investors, with $GLXY trending on Stocktwits for the first time. Galaxy Digital is also in discussions with the U.S. Securities and Exchange Commission (SEC) to tokenize its stock, aiming to make it tradable in decentralized finance (DeFi) platforms. The floodgates are opening, indicating mass retail interest in the stock. In parallel, the U.S. Senate is actively engaged in legislative proceedings concerning cryptocurrency, with a focus on the GENIUS Act. Senate Majority Leader John Thune has confirmed that a cloture vote on the act is scheduled for the evening, although he expressed doubts about finalizing the bill within the week due to anticipated amendments and potential stalling by some Democrats. Today marks the first Monday trading for $GLXY on the Nasdaq.
News: @LeaderJohnThune has told Senate offices to expect an open amendment process for the GENIUS Act. What does that mean for the Credit Card Competition Act? https://t.co/aQrklNUyJ4
$GLXY GENIUS Act update.... https://t.co/4LDmsHehgY
$GLXY Breaking: Thune seeking a open amendment process for GENIUS ! This is a super fast-track https://t.co/lK6xSdTGDh