Galaxy Digital Inc.’s First SEC‑Registered Underwritten Offering of Class A Common Stock

Cravath represented the underwriters in connection with the $683.6 million registered underwritten offering of Class A common stock of Galaxy Digital Inc., a global leader in digital assets and artificial intelligence infrastructure, delivering enduring solutions that accelerate the future digital economy. This was Galaxy Digital Inc.’s first underwritten public offering of its Class A common stock as a listed company on the Nasdaq Global Select Market. The transaction closed on June 3, 2025.

The Cravath team included partner Ryan J. Patrone and associates Lucille Dai‑He and E. Celeste Kearney on capital markets matters; associates Tristan Baylor and Jonathan Minion on tax matters; partner Matthew J. Bobby, practice area attorney Courtnii Lamar and associate Matthew S. Johnson on executive compensation and benefits matters; partner Sasha Rosenthal‑Larrea and associate Vincent Joralemon on intellectual property matters; of counsel Megan Y. Lew on regulatory matters; and partner Matthew Morreale and associate Star S. Gulant on environmental matters.