温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/hi/54970.html
点击访问原文链接

Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RW | Bee Network

进入原网站 导航首页
Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RW | Bee Network Login ट्रेंडिंग न्यूज़ मीम लॉन्चपैड एआई एजेंट डेस्सी टॉपचेनएक्सप्लोरर न्यूबी के लिए 100x सिक्के मधुमक्खी खेल आवश्यक वेबसाइटें एपीपी अवश्य होना चाहिए क्रिप्टो हस्तियाँ डेपिन नौसिखिया आवश्यक ट्रैप डिटेक्टर बुनियादी उपकरण उन्नत वेबसाइटें एक्सचेंजों एनएफटी उपकरण नमस्ते, साइन आउट वेब3 यूनिवर्स खेल डीऐप मधुमुखी का छत्ता बढ़ता हुआ मंच विज्ञापन खोज अंग्रेज़ी रिचार्ज सिक्के लॉग इन करें डाउनलोड करना वेब3 यूनी खेल डीऐप मधुमुखी का छत्ता विज्ञापन घर•विश्लेषण•Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RW Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RWविश्लेषण7 महीने पहलेहाँव्याट 21,225 18 By Wenser ( @वेन्सर 2010 )

Stock tokenization is seen as a revolution in the traditional financial system initiated by the क्रिप्टोcurrency industry, aiming to extend crypto’s reach into the stock market and gradually reshape its trading rules. Following the promotion of US stock tokenization by platforms like Robinhood and xStocks, some publicly listed companies have also begun to actively embrace this trend. Market news on the evening of August 5th revealed that Galaxy Digital, a US-listed crypto giant, plans to issue tokenized stock GLXY and has signed a partnership agreement with Robert Leshner’s Superstate for an RWA (Real World Asset) platform. Odaily Planet Daily provides a brief analysis of this development below for your reference.

The U.S. stock tokenization track has changed: when crypto giants choose to “revolutionize themselves” Galaxy may be unfamiliar to many, but it was listed on the Toronto Stock अदला-बदली Venture Exchange in Canada as early as 2018, becoming the world’s first successfully listed crypto asset investment and management company. In May of this year, Galaxy completed its reorganization from the Cayman Islands to the United States and officially listed on the Nasdaq under the ticker symbol GLXY, establishing itself as a benchmark company in the cryptocurrency industry.

Galaxy, known as the “Goldman Sachs of the cryptocurrency industry,” previously held a role in the custody of ETH treasury reserves like BitMine, Sharplink Gaming, and Bit Digital. Taking advantage of the hype surrounding ETH treasury reserves in June and July, Galaxy’s stock price surged from $18.50 in early June to $30.59 on July 20. As of press time, Galaxy’s after-hours stock price was $27.21, a 24-hour decline of 1.7%. According to on-chain analyst Ai Yi, Rootdata data shows that Galaxy Digital has invested in 124 projects, including Sonic, Monad, Ethena, Babylon, and Plume. Its investment in EOS between 2018 and 2019 yielded $71.2 million in profits, a 123% return on investment. Galaxy also profited hundreds of millions of dollars from the Luna incident, ultimately being deemed a contributing factor to the Luna debacle and fined $200 million.

In addition, Galaxy is also an active intermediary in the over-the-counter (OTC) market. Its most recent notable operation was to help early BTC investors complete the sale of more than 80,000 bitcoins , which was worth more than US$9 billion based on the market value at the time. This was also one of the largest notional amount Bitcoin transactions in the history of the crypto market.

Yesterday, Galaxy Digital, a Nasdaq-listed subsidiary of Galaxy, released its Q2 financial results for the period ending June 30, 2025. The company reported net revenue of $30.7 million, a total equity value of $2.6 billion, and approximately $1.2 billion in cash and stablecoins. Thanks to the aforementioned “80,000 BTC transaction,” Galaxy Digital’s digital asset business generated adjusted gross profit of $71.4 million, a 10% increase from the previous quarter.

अनुसार to on-chain analyst Ai Yi, Galaxy Digital currently holds approximately $921 million in on-chain assets, including 5,119.73 BTC (approximately $585 million), 75,425 ETH (approximately $268 million), and 151,196 SOL (approximately $24.51 million). In addition, Galaxy Digital holds 17.49 million USDT and 6.67 million USDC. The top five assets held by value are all major cryptocurrencies and stablecoins.

Notably, Galaxy Digital’s early investors include a rare Asian presence. HCM Capital, the investment arm of Hon Hai Group, invested early on in Galaxy Digital. The same firm also previously invested in industry giant Digital Currency Group (DCG). For more details, देखना the article “Cryptocurrency Investment Bank Galaxy Digital Goes Public! Do You Know the Chinese Investors Behind It?”

Galaxy, which boasts industry status, asset management scale, and the status of a US-listed company, has chosen to proactively tokenize its own shares. This may be due to two considerations:

On the one hand, this may be due to slightly weak Q2 financial data and business performance, which fell short of market expectations. Although Galaxy’s Q2 financial performance far exceeded Q1, even turning a profit from a Q1 loss of $295 million and achieving an adjusted gross profit of $299 million, its sharp decline in assets (total assets fell 43% to $6.3 billion), the highly uncertain regulatory environment, and the high-risk and volatile market have made investors completely unsure of its subsequent market performance. In response to this news, its stock price fell 7.6% to $28.10 in pre-market trading after the earnings report was released.

On the other hand, perhaps they’re seeing the potential for further growth in the stock tokenization market. As early as May of this year, Galaxy founder Mike Novogratz revealed that Galaxy Digital intends to tokenize its own shares into DeFi application tokens, with specific use cases including lending and trading. As a cryptocurrency giant, Galaxy believes that “tokenized US stocks” have enormous growth potential, potentially creating a new trillion-dollar market. Features like 24/7 trading and access to non-US investors will further unlock market liquidity. Of course, as a publicly listed company, it acknowledges that the relevant market is still in its early stages, and SEC filings cautiously point out that the tokenized securities market is still in its infancy, and there’s no guarantee that the tokenized GLXY will develop a scalable and orderly market. Compared to regulated national exchanges like Nasdaq, on-chain trading mechanisms (such as DEXs) may lack significant liquidity, trading volume, transparency, and regulatory frameworks.

Nevertheless, judging by the current market progress, Galaxy has taken a crucial step forward.

Galaxy Stock टोकनization Partner: Superstate Platform’s RWA Business News of Galaxy’s stock tokenization was immediately confirmed in a post by Robert Leshner, CEO of partner Superstate and founder of RobotVentures, the founder of the renowned DeFi protocol Compound. It’s worth noting that Nasdaq-listed 180 Life Sciences previously announced plans to raise approximately $425 million in private equity funding to establish an Ethereum treasury. Upon completion of the transaction, the company will be renamed ETHZilla Corporation, in which Robert Leshner is also an investor .

The collaboration between Superstate and Galaxy was also premeditated.

It is understood that Galaxy signed a “Digital Transfer Agency Agreement” with Superstate Services in May this year, officially appointing the company as the transfer agent for its own digital assets; Superstate Services is the company behind the RWA tokenization platform Superstate, which has attracted market attention for launching multiple tokenized private equity funds (such as USTB and USCC).

In May this year, Superstate launched an on-chain trading platform called “Opening Bell” and jointly submitted a framework proposal to the SEC with several institutions.

At the time, the project announced it would initially deploy on the Solana blockchain, achieving a native integration of traditional equity and blockchain infrastructure, eliminating reliance on CEXs and traditional listing mechanisms and providing continuous trading and real-time settlement via blockchain infrastructure. SOL Strategies, known as “SOL’s version of micro-strategy,” would be the first to list its common stock on the Solana blockchain through the platform, enabling direct on-chain trading of US stocks. This was recently confirmed द्वारा SOL Strategies CEO Leah Wald , who emphasized, “Unlike tokenized packaging, this is fully compliant, tradable, and seamlessly fungible equity with its underlying securities.”

From this point forward, Superstae may become the preferred choice for on-chain tokenization for a growing number of crypto and US stocks. Based on Robert Leshner’s experience in founding Compound, it may further stimulate the flow of US stock market liquidity into the on-chain market. Of course, the prerequisite is that the on-chain US stock token trading experience is superior to that of the US stock market.

Conclusion: With the combined efforts of both domestic and foreign forces, the tokenization of US stocks has reached a turning point. If the previous tokenization of U.S. stocks by platforms such as Robinhood, xStocks, and MyStonks was more like the “Trojan War” launched by the cryptocurrency industry against the U.S. stock market from the outside, especially Robinhood’s desire to use stock tokenization to preemptively price the equity of private companies such as SpaceX and OpenAI; then the current behavior of companies such as Galaxy and SOL Strategies actively cooperating with the RWA platform Superstate to promote stock tokenization is like an “active revolution” spontaneously launched from within – leveraging their advantages in deep cultivation of the crypto industry to take the lead in promoting the deep coupling of liquidity in both the stock and crypto markets.

As for whether Galaxy’s stock price and business performance can achieve greater success, it depends on whether the U.S. stock market and the crypto market can eat up the “big pie” it has painted.

यह लेख इंटरनेट से लिया गया है: Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RWA barrier.Recommended Articles

Related: Wall Streets mortgage boom: Five trends to watch under the SECs new rules Original title: Wall Streets Staking Rush Original author: Thejaswini MA Original translation: Block unicorn Preface In 1688, captains would gather at Edward Lloyd’s Coffee House in London, looking for someone willing to insure their voyages. Wealthy merchants would sign the ship’s details, becoming “underwriters” and guaranteeing these risky voyages with their personal wealth. The more reputable the underwriter, the safer it was for everyone. The safer the system, the more business it attracted. It was simple: provide the money, reduce everyone’s risk, and then take a share of the profits. Reading the new SEC guidance, it’s clear that cryptocurrencies simply digitize the mechanism invented by coffee shop underwriters — people earn returns by putting their assets at risk, making the entire system safer and more trusted. Staking. Yes, it’s back…

# विश्लेषण# बिटकॉइन# क्रिप्टो# डेफी# इथेरियम# एक्सचेंज# मार्केट# टोकन© 版权声明सरणी 上一篇 RWA Weekly Report | White House Releases Digital Asset Report; SEC Announces Launch of "Project Crypto" (July 30-August 下一篇 The era of hyper-speculation under the liquidity frenzy: Warning of Bitcoin’s peak in September?Recommended Articles 相关文章 बिनेंस लैब्स ने 12 परियोजनाओं का चयन किया, जिसमें उनकी व्यावसायिक पृष्ठभूमि और नवीनतम प्रगति का त्वरित अवलोकन शामिल है 6086cf14eb90bc67ca4fc62b 49,652 1 11 new coins in perspective: How to operate when they are listed in a bull market: run away at the opening or hold for t 6086cf14eb90bc67ca4fc62b 39,832 Bitcoins market value surpasses Amazon, and global listed companies are in a war to hoard coins 6086cf14eb90bc67ca4fc62b 27,053 4 The Curve team is starting a new business. Will Yield Basis become the next phenomenal DeFi application? 6086cf14eb90bc67ca4fc62b 18,785 1 Federal Reserve vs. Treasury: The Currency War Hidden Behind the Bitcoin Crash 6086cf14eb90bc67ca4fc62b 15,017 1 Whales are collectively defecting from BTC and switching to ETH. Is a new king emerging?Recommended Articles 6086cf14eb90bc67ca4fc62b 23,773 3 कोई टिप्पणी नहीं टिप्पणी करने के लिए आपको लॉगिन होना होगा! तुरंत लॉगइन करें कोई टिप्पणी नहीं... नवीनतम लेख UniSat Releases Phase Updates and Upgrades, Continuously Building the Bitcoin Ecosystem 7 घंटे पहले 439 Jack Dorsey’s Company: 4,000 White-Collar Workers Are Being Replaced by AI 7 घंटे पहले 427 Latest Stablecoin Report: Real Distribution and Flow Are Far More Important Than Supply 7 घंटे पहले 357 Sui DeFi’s “Three-Engine” Revolution: How New Capabilities, New Assets, and New Programs Are Building the Future of On-Chain Finance? 7 घंटे पहले 305 On-chain Investigator ZachXBT Confirms: Axiom Employees Exploited Internal Privileges for Insider Trading 7 घंटे पहले 341 लोकप्रिय वेबसाइटेंTempoजीएआईबीLighterग्लाइडरप्लांकरेल्सबीसीपोकरवूई Bee.com दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों कॉइनकार्प बिनेंस कॉइनमार्केटकैप कॉइनगेको कॉइनलाइव कवच बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें बी नेटवर्क ऐप डाउनलोड करें और वेब3 यात्रा शुरू करें दुनिया का सबसे बड़ा Web3 पोर्टल भागीदारों CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors सफेद कागज भूमिकाएँ सामान्य प्रश्न © 2021-2026. सर्वाधिकार सुरक्षित।. गोपनीयता नीति | सेवाओं की शर्तें खोज खोजइनसाइटऑनचेनसामाजिकसमाचार उत्तर: एयरड्रॉप शिकारी डेटा विश्लेषण क्रिप्टो हस्तियाँ ट्रैप डिटेक्टर हिन्दी English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia اردو Русский हिन्दी

智能索引记录