Written by Adam Othman at The Motley Fool Canada
The crypto industry is on the mend, and most major cryptocurrencies are rising again. The optimism around crypto assets isn’t limited to cryptocurrencies, however, and has already seeped into crypto stocks, including Galaxy Digital Holdings (TSX:GLXY).
It’s one of the most promising crypto stocks you can buy right now, assuming the underlying crypto assets remain vital for the next few months, ideally till next year.
The company
Galaxy Digital is one of the largest publicly traded crypto companies in Canada. Ironically, it’s not a pure-play crypto miner, which is the norm for the crypto sector in Canada. This $5.4 billion market cap crypto company has a diversified business model and markets itself as a blockchain leader, elevating it above typical crypto stocks.
Its three primary businesses are global markets, asset management, and digital infrastructure,…
