SEC Filing Reveals Galaxy Digital Holds Multi-Million Dollar Position in XRP

Key Points

1. Galaxy Digital Inc. reported holding approximately $34.4 million worth of XRP in its Q2 2025 SEC filing.

2. Bitcoin holdings increased to 17,102 BTC ($1.8 billion), while Ethereum holdings decreased to 90,521 ETH from 155,026 ETH in Q1.

3. XRP exposure decreased slightly to 15.4 million tokens from 16.9 million, with no holdings reported in December 2024.

4. Galaxy Digital's crypto investments grew by about 40% in Q2 2025, totaling roughly $1.2 billion, and the firm turned profitable with $30.7 million in net income.

5. The company completed an internal reorganization in May 2025, began trading on Nasdaq under the ticker GLXY, and is exploring tokenizing its class A equity.

6. Institutional interest in XRP is growing, with other companies like Flora Growth and Hyperscale Data also disclosing XRP holdings, likely due to improved regulatory clarity for Ripple.

7. Galaxy Digital executed a $40.7 million Solana transfer to Binance, indicating strategic liquidity shifts.