Galaxy Digital's subsidiary, Galaxy Digital LP, has applied to the Office of the Comptroller of the Currency (OCC) to establish Galaxy National Bank, a federally regulated national trust bank in New York. This bank would consolidate Galaxy's digital asset custody, trading, staking, and fiduciary advisory services under one federal framework, enhancing their service capabilities as digital asset adoption grows. The application is pending OCC approval and builds on Galaxy's extensive licensing across the US, Europe, and Asia. If approved, this move would strengthen Galaxy's position in the digital asset market and provide a unified regulatory structure for its clients nationwide.
Galaxy Digital's stock price is currently USD 18.35, down 3.88% as of Oct 29, 2026 18:12 WIB on Pluang. The company’s market cap stands at $3.67 billion, reflecting significant investor interest despite the recent price drop. This trading activity occurs as Galaxy pursues a national trust bank charter to unify its digital asset services under federal regulation.
