Condividi questo articolo
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Canada Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
- Stifel resumed coverage of Galaxy Digital with a buy rating and a price target of C$20.
- The investment bank says the stock should be a core holding for digital asset investors, highlighting a potential Nasdaq listing as a key catalyst.
Galaxy Digital (GLXY) should be a core holding for equity investors looking to gain exposure to the digital asset ecosystem, investment bank Stifel Canada said in a research report on Wednesday.
Stifel resumed coverage of Michael Novogratz’s crypto financial services firm with a buy rating and a price target of C$20. Galaxy closed 4.7% lower on Thursday at C$13.11.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
“The company offers an asymmetric return profile with significant principle exposure to bitcoin and ether ; a diverse group of revenue-producing businesses across trading, investment banking and asset management; and longer-term outsized growth potential through its infrastructure solutions arms, which focuses on core technologies that power decentralized networks,” analysts Bill Papanastasiou and Suthan Sukumar wrote.
“Galaxy has always taken an institutional-first approach with robust risk management practices, making it one of the few centralized operators to emerge relatively unscathed following the crypto implosions in the previous cycle,” the authors wrote.
There are a number of key catalysts for the company, Stifel said, and these include exchange-traded fund (ETF) net inflows, the development of GalaxyOne and a potential Nasdaq listing.
Read more: Galaxy Digital Is One of the ‘Most Diversified’ Ways to Play Crypto, Analyst Says
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
Cosa sapere:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
