A major milestone in digital finance has reached its next phase as Galaxy Digital (GLXY) stock gains new utility on the blockchain. After becoming the first NASDAQ-listed company to tokenize its equity on a public network, Galaxy now allows shareholders to use those digital tokens as collateral in decentralized finance (DeFi). Through a partnership with…
Shares of Galaxy Digital (GLXY) rose on Wednesday following President Donald Trump’s vocal defense of the Genius Act, in which he urged banks to “reach a good deal with the crypto industry.” As GLXY extended its gains following Trump’s social media post, its price surpassed its 20-day moving average (MA), indicating a change in momentum…
Michael Saylor’s Bitcoin investment firm Strategy Inc. has increased its monthly dividend on STRC preferred shares to 10.5 percent, up slightly from 10.25 percent in September. The move came after the company reported $3.9 billion in net profit for the third quarter, a sharp turnaround from a loss of $432.6 million during the same period…
