Galaxy Digital Applies to U.S. OCC to Establish National Trust Bank

TechFlow news, October 29: According to disclosures by TheEnergyMag, Galaxy Digital (GLXY) submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) on October 29, 2026, planning to establish a national trust bank in New York to provide fiduciary investment advisory and digital asset services. This move aims to integrate the company's business under a federal regulatory framework.

Galaxy Digital currently holds more than 50 global licenses and regulatory approvals, involving institutions such as the New York State Department of Financial Services (NYDFS), the UK Financial Conduct Authority (FCA), the U.S. Securities and Exchange Commission (SEC), and the Financial Industry Regulatory Authority (FINRA).

Source: TechFlow