FINRA Gives Greenlight To Galaxy Digital To Underwrite Public Securities Offerings

FINRA Gives Greenlight To Galaxy Digital To Underwrite Public Securities Offerings

The Financial Industry Regulatory Authority (FINRA, a private self-regulatory organization) has given its approval to Galaxy Digital (a crypto investment bank) to underwrite registered public offerings of securities, the bank is also eyeing to facilitate STOs. Its CEO Michael Novogratz said, “It’s a really young industry, and we are a pretty young business. We are sober and patient about how fast it will grow, and we are well-capitalized.”

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