Galaxy Digital (GLXY) Is Up 17.0% After Announcing Major Solana-Focused Crypto and Onchain Equity Push

• In recent days, Galaxy Digital announced a series of moves including plans to raise roughly US$1 billion with Multicoin Capital and Jump Crypto to purchase Solana, the formation of a new digital asset treasury company, and a partnership with Superstate to tokenize its own shares on the Solana blockchain.
• These actions highlight Galaxy Digital's efforts to expand its influence in crypto infrastructure and pioneer onchain equity trading, positioning the company at the forefront of blockchain innovation.
• We'll examine how Galaxy Digital's initiative to bring equity trading onchain via Solana could shape its long-term investment outlook.

Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.

Galaxy Digital Investment Narrative Recap

To own Galaxy Digital stock, investors need conviction in both the long-term integration of digital assets with mainstream finance and Galaxy's ability to stay ahead through innovation, platform development, and institutional partnerships. The latest news about fundraising for Solana purchases and tokenizing equity on Solana aligns with growth catalysts around institutional adoption and onchain finance, but does not meaningfully shift near-term risks, such as dependency on CoreWeave or broader crypto market volatility.

The partnership with Superstate to tokenize Galaxy’s shares is especially relevant, reflecting how the company is leveraging onchain technology as capital markets evolve. While this supports Galaxy’s ambitions in blockchain-driven product development, the most important short-term catalyst remains robust trading volumes and asset management inflows, while the competitive threat from established Wall Street players persists.

But even as Galaxy presses ahead with digital asset innovation, investors should also be aware of ...

Read the full narrative on Galaxy Digital (it's free!)

Galaxy Digital's outlook anticipates $78.4 billion in revenue and $281.6 million in earnings by 2028. This implies annual revenue growth of 189.9% and a $383.2 million increase in earnings from the current level of -$101.6 million.

Uncover how Galaxy Digital's forecasts yield a $36.78 fair value, in line with its current price.

Exploring Other Perspectives

Simply Wall St Community members shared nine separate fair value estimates for Galaxy Digital, ranging from US$4.20 to US$42.00 per share. With institutional adoption of onchain finance growing, your own perspective on the pace of this shift could make all the difference.

Explore 9 other fair value estimates on Galaxy Digital - why the stock might be worth less than half the current price!

Build Your Own Galaxy Digital Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Galaxy Digital research is our analysis highlighting 2 key rewards and 3 important warning signs that could impact your investment decision.
• Our free Galaxy Digital research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Galaxy Digital's overall financial health at a glance.

No Opportunity In Galaxy Digital?

Every day counts. These free picks are already gaining attention. See them before the crowd does:

• Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 32 best rare earth metal stocks of the very few that mine this essential strategic resource.
• The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 24 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.
• AI is about to change healthcare. These 32 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com