Galaxy Digital Inc. has made history by becoming the first public company to tokenize its SEC-registered equity by launching tokenized GLXY shares on the Solana platform.
First-Ever Tokenization of Stocks
The partnership between Galaxy Digital and Superstate marks a pioneering move in public equity tokenization. The company has tokenized its SEC-registered shares, distinguishing itself from other approaches that utilize synthetic models. Galaxy collaborates directly with Superstate as the registered transfer agent for real-time ownership updates as tokens transfer on the blockchain.
Advantages of Tokenized Stocks
Galaxy Digital’s tokenized shares maintain full compliance and legal equivalence to traditional stocks while providing the benefits of blockchain, such as 24/7 availability and near-instant settlement, simplifying the process of holding and transferring shares.
Galaxy Digital Stock Market Overview
At market open on September 3, 2025, Galaxy Digital shares were trading at $25.08, reflecting a 3.81% increase. Despite this positive momentum, the company’s stock still lags behind the S&P 500. Galaxy’s financial metrics reveal a complex profile, with losses but strong asset utilization and liquidity.
The tokenization initiative opens new horizons for Galaxy Digital and could transform capital markets, creating new investment opportunities and operational efficiencies.
