Successful Uplisting to NASDAQ
Galaxy Digital announced its transition to become a U.S. company and its upcoming uplisting to NASDAQ, which is expected to enhance visibility, broaden investor access, and improve trading depth.
Data Center Expansion and Revenue Potential
Galaxy Digital has secured a 15-year build-to-suit lease agreement with CoreWeave for a data center at Helios, with an expected revenue generation of approximately $9 billion over the contract's duration.
Increased Institutional Interest in Crypto
The call highlighted significant institutional interest in the crypto space, with increased activity from traditional financial institutions and registrations as a U.S. swap dealer.
Positive Q2 Preliminary Performance
For Q2, Galaxy Digital anticipates a positive operating income of $160 million to $170 million, marking a significant rebound from Q1 losses.
Venture Fund Success
Galaxy Digital raised over $160 million in commitments for the Galaxy Crypto Venture Fund, exceeding initial targets.