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Galaxy Digital gets licenses to offer regulated digital asset services in New York.

Market News
18 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Galaxy Digital has received a BitLicense and Money Transmission License from the New York State Department of Financial Services, allowing it to provide regulated digital asset services to institutional clients in New York. This expands Galaxy's regulatory reach to over 50 global licenses and enables institutions like investment advisors, hedge funds, and family offices in New York to access its trading and custody services. Galaxy manages $9 billion in client digital assets and aims to meet growing institutional demand in the state. The company also operates significant data center infrastructure supporting finance and AI workloads.

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