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Galaxy Digital has received approval from the US SEC to relocate to the United States.
According to Techub News and reported by Cointelegraph, it has received approval from the SEC ( to relocate to the United States, laying the groundwork for the crypto investment company to list on the Nasdaq exchange. Galaxy is expected to go public on the Nasdaq, which focuses on the tech industry, in mid-May, but it must obtain approval from its existing listing on the Toronto Stock Exchange, as well as approval from a special shareholder meeting on May 9. According to the company's announcement, the shareholder meeting must approve relocating Galaxy Digital's registered office to Delaware, known for its business-friendly regulations, before the process can move forward. In April of this year, Galaxy received approval from the SEC ) to list on Nasdaq, and once the company obtains the other necessary approvals, it will trade under the ticker symbol GLXY on Nasdaq.