Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach
By PYMNTS
AI summary of the source article
Galaxy Digital announced plans to create a national trust bank offering fiduciary investment advisory, custody, trading, and staking services. Its subsidiary Galaxy Digital LP has submitted an application to pursue this goal.
Key facts
- Galaxy Digital aims to create a national trust bank providing fiduciary investment advisory, custody, trading, and staking services.
- Subsidiary Galaxy Digital LP submitted an application to advance the plan.
- The announcement was made in a press release on Thursday, Oct. 29.
Source excerpt · PYMNTS
Digital assets and data infrastructure company Galaxy Digital aims to create a national trust bank that would provide fiduciary investment advisory services along with Galaxy’s custody, trading and staking services, the company said in a Thursday (Oct. 29) press release. To further this goal, Galaxy subsidiary Galaxy Digital LP submitted an application to the Office […] The post Galaxy Digital See…