Reported about 8 hours ago
Galaxy Digital's shares experienced a surge after reporting $505 million in profits for Q3, with trading volumes increasing 140% quarter-over-quarter. The firm reached a record $17 billion in assets, driven by institutional interest and the launch of its platform, GalaxyOne, which competes with Robinhood and Coinbase. Analysts noted thatGalaxy's earnings significantly exceeded expectations, potentially prompting investors to revise their forecasts upward.
Source: YAHOO