Galaxy Offers Blockchain Version of Its Nasdaq-Listed Shares (1)

Michael Novogratz’s Galaxy Digital Inc. is offering a version of its Nasdaq-listed shares that can be traded on the Solana blockchain, aiming to spur similar tokenization efforts.

Starting Wednesday, holders of the digital-asset firm’s stock can tokenize their shares using Superstate’s Opening Bell platform, according to a statement.

Companies including Kraken and Robinhood Markets Inc. have this year started offering tokenized shares on their platforms, as President Donald Trump remakes the US regulatory environment in favor of crypto. For now, trading remains limited: The total market value for tokenized stocks stands at about $338 million, according to data compiled ...