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Galaxy Digital (GLXY) Stock Drops Even as Novogratz Files for a National Bank Charter

CoinCentral·October 30, 2026·1 min read
Galaxy Digital (GLXY) Stock Drops Even as Novogratz Files for a National Bank Charter

Galaxy Digital applied to the OCC for a national trust bank charter, to be called Galaxy National Bank. The proposed New York-based bank would bring custody, trading, and staking under one federal framework. Despite the news, GLXY stock dropped over 4% to $18.25 in premarket trading Thursday.

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