'Banks Are Going To Get Fully Into Crypto:' David Sacks Predicts Unified Digital Assets Industry [Yahoo! Finance]
Galaxy Digital Inc. - Class A common stock (GLXY)
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Source: Yahoo! Finance
David Sacks , the Trump administration's AI and crypto czar, has predicted that banks will become fully involved in the crypto industry, paving the way for a unified digital assets sector. The prediction comes as legislation on crypto market structures stalls over whether third-party platforms can offer rewards programs to stablecoin users . Banks argue such programs bypass yield restrictions, while crypto firms defend them as essential revenue features for decentralized finance. In an interview with CNBC's Squawk Box, Sacks discussed the ongoing debate over stablecoin regulation in the U.S. "The banks are going to get fully into the crypto industry. So we're not going to have a separate banking industry and crypto industry. It's going to be one digital assets industry," Sacks said. Don't Miss: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy' — Investors Can Still Get In at $0.85/Share Missed the AI Boom's Biggest IPOs? This Platform Lets Everyday Inv
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GLXY
News
- Galaxy Digital (NASDAQ:GLXY) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $46.00 price target on the stock.MarketBeat
- Galaxy Digital (NASDAQ:GLXY) had its "buy" rating reaffirmed by analysts at Canaccord Genuity Group Inc.. They now have a $50.00 price target on the stock.MarketBeat
- Here's when XRP price is seen to surge by 80% after Ripple Treasury launch [Yahoo! Finance]Yahoo! Finance
- Top performing financial stocks in the past month [Seeking Alpha]Seeking Alpha
- Kevin O'Leary Predicts Crypto Market Structure Bill To Pass Before Midterms—He Even Has A Date [Yahoo! Finance]Yahoo! Finance
GLXY
Earnings
- 10/21/25 - Beat
GLXY
Sec Filings
- 1/15/26 - Form 424B3
- 1/15/26 - Form 424B3
- 1/15/26 - Form 8-K
- GLXY's page on the SEC website