Tag: Digital

Galaxy Digital Stock Tokenized on Solana Blockchain

Galaxy Digital, the cryptocurrency investment firm founded by Mike Novogratz, has tokenized its publicly traded stock, positioning the shares for use within decentralized finance (DeFi) as institutional interest in tokenization grows. The company said Wednesday that its Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, can now be tokenized and fractionalized on the Solana blockchain through Superstate’s Opening Bell, a platform for tokenizing public companies. Superstate, a fintech firm, will act as the SEC-registered transfer agent. Unlike synthetic products or derivatives,…

Galaxy Digital Deposits $103M to Exchange, Sell-off Ahead?

Key Notes Galaxy Digital posted a $156 million profit in Q2 2025, reversing last year’s loss. Strong performance came from trading gains and higher management fees. CEO Mike Novogratz said institutional crypto adoption is driving long-term growth. Galaxy Digital made headlines this week after transferring 500,000 Solana SOL $203.6 24h volatility: 2.4% Market cap: $110.26 B Vol. 24h: $7.03 B , worth approximately $103 million, to Coinbase.  On-chain records from Arkham Intelligence reveal that the deposits came in multiple tranches of 50,000–80,000 SOL, each valued at around $10 million.  The…

Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility

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Bitcoin is once again at the center of market attention, facing a decisive test after several days of heightened volatility. Last Friday, BTC lost the crucial $110,000 support level, sparking concerns that the recent rally may be running out of steam. Since then, the market has been marked by sharp swings as bulls attempt to defend current levels against mounting selling pressure. Related Reading Analysts are increasingly divided. While some believe this is a healthy consolidation within a broader uptrend, others are warning that Bitcoin could be on the brink…

Why are public companies moving BILLIONS into Bitcoin? Podcast with Gemini and Empery Digital

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In this episode of the crypto.news podcast, we dive deep into the rise of Bitcoin corporate treasuries with Head of Institutional at Gemini, Brad Vopni, and Empery Digital Co-Founder, Ryan Lane. In a crypto.news first, we sit down with two companies at the head of this new frontier in digital finance; why Empery Digital (NASDAQ: EMPY) just announced a $500M private placement, allocating 95%+ into Bitcoin — and how Gemini is serving as their trusted BTC custodian. As corporate adoption of Bitcoin accelerates, more companies are treating BTC as a…

Google Cloud Building Blockchain for Digital Payments: Details

Key Notes Google Cloud recently announced that it is rolling out Google Cloud Universal Ledger, its L1 blockchain. This protocol is designed for the financial sector and is now in its pilot testing phase. The focus for the GCUL pilot phase will be tokenization and wholesale payments. Google Cloud has announced the launch of its Layer-1 blockchain dubbed Google Cloud Universal Ledger (GCUL). This protocol is designed to facilitate easy digital payment processes for financial institutions and enterprises. For now, the project is in the private testnet, but it will…

$3 Billion-Anchorage Digital Launches Venture Arm to Back Early Onchain Protocols

Key Notes The venture arm offers comprehensive support beyond funding, including product development and institutional client access. Anchorage Digital achieved a 516% valuation growth since founding, raising $487 million across multiple funding rounds. Priority areas include Bitcoin DeFi, real-world assets, and decentralized identity solutions for institutional adoption. Anchorage Digital, valued at $3 billion from its December 2021 Series D funding round, is stepping into venture investing, looking specifically at early-stage onchain protocols. Applications are already open, with a review planned for September, and approved candidates are expected to present a…

Galaxy Digital, Multicoin and Jump Seek $1B Solana Treasury With Cantor Fitzgerald

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Update Aug. 25, 9:01 am UTC: This article has been updated to add more details about the current largest corporate SOL treasuries. Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana.  A Bloomberg report citing anonymous sources said on Monday that the three companies are looking to form the largest treasury dedicated to Solana (SOL). It added that the three companies have tapped Cantor Fitzgerald as lead banker. The plan reportedly involves taking over a publicly traded entity to…

Europe Mulls Ethereum, Solana For Digital Euro — Report

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The European Union is reportedly exploring major public blockchain networks like Ethereum and Solana for its digital euro design. The European Central Bank (ECB) is considering running a digital euro on a public blockchain like Ethereum rather than a private one, the Financial Times reported on Friday, citing people familiar with the matter. Unlike a private blockchain, where data is strictly limited to authorized entities, public blockchains like Ethereum or Solana are open to everyone. If confirmed, the EU’s exploration of public blockchains would represent a significant milestone in the…

US OCC Terminates 2022 Order Targeting Anchorage Digital Over AML

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The US Office of the Comptroller of the Currency (OCC) said it had issued an order terminating a consent order made against cryptocurrency custody bank Anchorage Digital in 2022. In a Thursday notice, the OCC said it had dropped the order “to assure the safety and soundness” of Anchorage. The financial regulator’s April 2022 order was based on Anchorage’s “failure to adopt and implement a compliance program” in accordance with Anti-Money Laundering (AML) standards. However, the OCC said the bank’s “compliance with laws and regulations does not require the continued…

Can AI bots steal your crypto? The rise of digital thieves

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What are AI bots? AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods. At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts of data, make independent decisions, and execute complex tasks without human intervention. While these bots have been a game-changer in industries like finance, healthcare and customer service, they have also become a weapon for cybercriminals, particularly in the world of cryptocurrency. Unlike traditional hacking methods, which require…