Galaxy Digital posts Q1 results but remains unprofitable amid shifts to data centers and asset tokenization.

Galaxy Digital reported its Q1 financial results, showing it is still not profitable. The company is pivoting towards data centers, which started generating revenue in April through its Helios project, but this area is capital-intensive. Additionally, Galaxy sees potential in asset tokenization, a growing market that could add value without heavy capital needs. Overall, Galaxy Digital's future depends on the success of these three business areas, but risks remain high and profitability is not yet assured.