Nasdaq-listed investment firm Galaxy Digital announced a program to tokenize its SEC-registered stock and issue it on a mainstream blockchain, enabling shareholders to convert GLXY shares via Superstate‘s Opening Bell platform starting today. The offering is restricted to KYC-verified accredited investors, who will be able to custody and transfer the tokenized stock in compatible crypto wallets under existing regulatory constraints.
Opening Bell, launched in May to put SEC-registered stock on-chain beginning with Solana, positions itself as a direct-issuance venue rather than a synthetic or wrapped solution. Galaxy Digital’s announcement highlighted that the tokenized issuance and prospective listings could support expanded liquidity and on-chain utility through automated market makers (AMMs) and other DeFi rails, per the company’s statement.