Galaxy Digital: Q3 net profit was $505 million, with cash and stablecoin holdings amounting to $1.9 billion in total equity.

PANews, October 21 - According to a report by PR Newswire, Galaxy Digital Inc. (NASDAQ: GLXY) announced its financial performance for the three and nine months ended September 30, 2025. Financial highlights include: 1. Net profit for the third quarter of 2025 was $505 million, with diluted earnings per share of $1.01 and adjusted earnings per share of $1.12; 2. Driven by record performance in the digital asset business and earnings from digital asset and investment positions, adjusted EBITDA for the third quarter of 2025 was $629 million; 3. As of September 30, 2025, total equity was $3.2 billion, with cash and stablecoin holdings of $1.9 billion. The report noted that quarterly trading volume in digital assets reached an all-time high, rising 140% compared to the second quarter of 2025, reflecting increased Spot and derivatives trading activity, as well as the sale of over 80,000 Bitcoins on behalf of clients. At the end of the quarter, total assets on the platform reached an all-time high of approximately $17 billion. On October 6, Galaxy launched the fintech platform GalaxyOne, providing U.S. individual investors with services for high-yield cash, Crypto Assets, and stock trading through a unified platform.