Galaxy Digital tokenizes Nasdaq-listed shares on solana

Mr. Mike Novogratz reports GALAXY AND SUPERSTATE LAUNCH GLXY TOKENIZED PUBLIC SHARES ON SOLANA Galaxy Digital Inc. has partnered with Superstate to allow stockholders to tokenize and hold Galaxy Digital shares on-chain. This milestone marks the first time a public company has tokenized its Securities and Exchange Commission-registered equity directly on a major blockchain. Effective immediately, stockholders can now tokenize their GLXY shares through Superstate's Opening Bell platform. While other tokenized stock offerings rely on wrapper or synthetic models -- often done without issuer involvement -- Superstate works directly with companies to enable tokenization of their SEC-registered shares. These are not derivatives or representations; they are Galaxy Digital Class A common stock, with all the rights that confers. As the SEC-registered transfer agent, Superstate records legal ownership on-chain in real time as tokens are transferred. "We're proud to be working with Superstate to help lay the groundwork for an on-chain capital market that bridges traditional equities with next-generation infrastructure," said Mike Novogratz, founder and chief executive officer of Galaxy. "Our goal is a tokenized equity that brings the best of crypto -- transparency, programmability and composability -- into the traditional world. And we're taking part in building a model that can scale, not just for Galaxy, but for the market more broadly." Galaxy's launch on Opening Bell represents a step-change in public equity infrastructure. The shares remain fully compliant and legally equivalent to traditional equity, but now benefit from the speed, transparency and efficiency of blockchains. By tokenizing on solana, Galaxy's equity gains 24/seven market potential and near-instant settlement. "This is the first instance of a Nasdaq-listed company being tokenized on a major public blockchain. When tokens change hands, the registered shareholder list of Galaxy updates in real time. Financial markets are undergoing a massive upgrade with Superstate," said Robert Leshner, CEO of Superstate. Galaxy and Superstate are continuing to explore how tokenized public equities could trade via automated market makers (AMM) in a regulatory-compliant manner -- as part of the SEC's broader Project Crypto innovation agenda. Subject to these regulatory considerations, Galaxy's tokenized shares -- and future listings on Opening Bell -- could be made available on AMMs and other DeFi (decentralized finance) platforms, unlocking broader liquidity and utility for investors and issuers alike. Galaxy's tokenized shares will be available to approved KYC'd (Know Your Customer) investors who can hold and transfer them within their own crypto wallets. When on-chain transfers occur between verified participants the ownership records are updated by Superstate, acting as the official transfer agent. Superstate is a Galaxy Ventures portfolio company, reflecting Galaxy's broader strategy of investing in and partnering with companies driving blockchain-based innovations. Galaxy shares' contract address on solana is 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK. Any tokens from other smart contract addresses that claim to be on-chain shares of GLXY stock, or true issuances from Galaxy Digital, are fraudulent. About Galaxy Digital Inc. Galaxy is a global leader in digital assets and data centre infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. The company's digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody and tokenization technology. In addition, the company invests in and operates cutting-edge data centre infrastructure to power AI and high performance computing, meeting the growing demand for scalable energy and compute solutions in the United States. The company is headquartered in New York, with offices across North America, Europe, the Middle East and Asia. We seek Safe Harbor.