Galaxy Digital: Q3 net profit was US$505 million, and cash and stablecoin holdings in total equity were US$1.9 billion

PANews reported on October 21st that Galaxy Digital Inc. (NASDAQ: GLXY) announced financial results for the three and nine months ended September 30, 2025. Financial highlights include: 1. Net income for the third quarter of 2025 was $505 million, diluted earnings per share was $1.01, and adjusted earnings per share was $1.12; 2. Adjusted EBITDA for the third quarter of 2025 was $629 million, driven by record performance in the digital asset business and gains on digital asset and investment positions; 3. As of September 30, 2025, total equity was $3.2 billion, with cash and stablecoin holdings of $1.9 billion. The report noted record quarterly digital asset trading volume, up 140% from the second quarter of 2025, reflecting increased spot and derivatives trading activity and the sale of over 80,000 bitcoins on behalf of clients. At the end of the quarter, total platform assets reached a record high of approximately $17 billion. On October 6, Galaxy launched the fintech platform GalaxyOne, providing American individual investors with services for high-yield cash, cryptocurrency and stock trading through a unified platform.