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Benzinga

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Adam Eckert

Galaxy Digital Stock Is Trending Monday: What's Going On?

Galaxy Galaxy Digital

Galaxy DigitalNew,York,,Usa,-,21,June,2024:,Galaxy,Digital,Holdings

Galaxy Digital Inc (NASDAQ:GLXY) shares are trading higher on Monday. The company announced a strategic investment from a leading asset management firm.

What Happened: Galaxy said it entered into agreements with one of the world’s largest and most respected asset managers for a $460 million private investment through the purchase of approximately 9.03 million shares of its common stock and 3.75 million shares from Galaxy Digital executives.

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