Tether Plans a $20 Billion Stock Sale to Explore Tokenized Equity [Yahoo! Finance]
Galaxy Digital Inc. - Class A common stock (GLXY)
Company Research
Source: Yahoo! Finance
The firm is exploring different post-raise options such as corporate buybacks, as well as tokenizing its equity on a blockchain. Sources familiar with the matter said that Tether is exploring different exit options for its shareholders. Tether's latest decision for the stock sale comes as the stablecoin issuer looks to block at least one existing shareholder from selling stock at a valuation of roughly $280 billion. This is well below the $500 billion target of the firm through the latest fundraising. The USDT stablecoin firm confirmed to Bloomberg that it had “received clear confirmation that these efforts will not proceed.” It has also warned investors against attempts to bypass the formal process being led by global investment banks. Over the past year, Tether has been on a USDT minting spree as part of its expansion plans, amid the growing stablecoin market. The company has so far added $46 billion to its market cap, now at $186 billion. The USDT-issuer is project
Show less
Read more
Impact Snapshot
Event Time:
GLXY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLXY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLXY alerts
High impacting Galaxy Digital Inc. - Class A common stock news events
Weekly update
A roundup of the hottest topics
GLXY
News
- Argo Blockchain restructures debt, expands mining fleet to Alabama [Yahoo! Finance]Yahoo! Finance
- Last Energy Announces Oversubscribed $100 Million Series CBusiness Wire
- Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets [Yahoo! Finance]Yahoo! Finance
- Tether weighs tokenized stock for investor liquidity amid $20 billion raise: Bloomberg [Yahoo! Finance]Yahoo! Finance
- Ondo, State Street, Galaxy Digital to Debut SWEEP Liquidity Fund in 2026 [Yahoo! Finance]Yahoo! Finance
GLXY
Earnings
- 10/21/25 - Beat
GLXY
Sec Filings
- 12/11/25 - Form 8-K
- 12/9/25 - Form S-1/A
- 11/10/25 - Form 4
- GLXY's page on the SEC website