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Galaxy Scores New York BitLicense to Offer Digital Asset Services on Monday

GateNews

Partnerships & Ecosystem

2026-05-18 19:55:53

GLXY-5.65%

According to PR Newswire, Galaxy Digital received a BitLicense and Money Transmission License from the New York State Department of Financial Services on Monday, enabling the firm to offer digital asset services across New York. The approval applies to GalaxyOne Prime NY, a Galaxy subsidiary providing trading and custody services to New York residents, institutions, and businesses. Galaxy manages roughly $9 billion in client assets and holds more than 50 licenses globally.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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