Galaxy Digital Reports Record Digital Asset Trading Volumes and Robust Q3 Financials Amid Helios Expansion

Profit Growth and Liquidity Strength Mark Galaxy’s Q3 2025

Galaxy Digital Inc. posted standout third-quarter results for 2025, highlighted by unprecedented digital asset trading volumes and a sharp rise in profitability. Net income soared to $505 million, with diluted EPS of $1.01 and adjusted EPS reaching $1.12. Adjusted EBITDA came in at $629 million, underpinned by robust performance in the Digital Assets operating business and significant gains from digital asset and investment positions.

Galaxy's liquidity also strengthened meaningfully, with cash and stablecoins holdings of $1.91 billion and total equity climbing to $3.17 billion at quarter’s end. The company's total assets surged 27% from the previous quarter, reflecting not only strong organic business activity but also the benefits of an expanding digital asset ecosystem and the onboarding of a major new equity partner.

Digital Asset Trading Volumes Up 140%: Segment Results Reflect Broad Momentum

The standout theme for the quarter was the 140% quarter-over-quarter growth in digital asset trading volumes—a record for Galaxy. The company executed a $9 billion notional bitcoin sale (over 80,000 BTC) for a client and recorded a sharp increase in spot and derivatives trading activity. As a result, adjusted gross profit in Global Markets reached $295 million, a more than fourfold increase over Q2.

The company’s lending book averaged $1.77 billion, up 60%, while total trading counterparties grew 6%. These figures point to an acceleration in institutional adoption and expanded market participation.

Asset Management Inflows, Alternatives, and Staking See Accelerated Growth

Asset Management & Infrastructure Solutions delivered $23.2 million in adjusted gross profit, as more than $2 billion in net inflows fueled both alternatives and ETF products. Alternatives saw a 102% increase to $4.86 billion, and assets under stake rose 110% to $6.61 billion, demonstrating robust client demand for Galaxy’s multi-channel offering and staking services. Nearly $9 billion in assets under management and strong recurring fee revenue further cement Galaxy’s position as a leader in digital asset financial services.

Helios Data Center Expansion: Fully Funded and On Track for 2026 Revenue

On the infrastructure front, Galaxy’s Helios campus continues to advance, now fully funded for Phase I through a $1.4 billion project financing facility. CoreWeave’s commitment to the full 800 MW of approved power capacity, including the recently executed Phase II lease, is a major milestone. Galaxy has also acquired more land, positioning the site for over 2.7 GW of additional potential power. The Data Centers segment is expected to begin material EBITDA contributions in the first half of 2026, once revenue from the Helios lease begins to be recognized.

Capital Infusion, New Platform Launch, and Balanced Segment Exposure

Strategically, Galaxy further diversified its business and capital base this quarter. The launch of GalaxyOne, a financial technology platform for U.S. individual investors, reflects Galaxy’s ongoing push to democratize access to digital and traditional markets. Additionally, a $460 million equity investment by a top global asset manager delivered net proceeds of $325 million to fuel the Helios build-out and support corporate expansion.

Galaxy’s $3.2 billion in equity is now balanced across Digital Assets (~40%), Data Centers (~25%), and Treasury & Corporate (~35%), giving the company resilience across different business cycles and emerging digital trends.

Takeaway: Record Momentum Sets Stage for 2026 Growth

With record trading volumes, rising profitability, expanding AUM and staking assets, and full funding for Helios’s next phase, Galaxy Digital is poised for continued growth. Investors should monitor upcoming milestones in the Helios build-out and the launch performance of the GalaxyOne platform. The sustained surge in digital asset and alternatives inflows underscores strong demand, while a strengthened balance sheet provides ample runway for both financial innovation and infrastructure scaling in the quarters ahead.

Contact Information:

If you have feedback or concerns about the content, please feel free to reach out to us via email at support@marketchameleon.com.

About the Publisher - Marketchameleon.com:

Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. We leverage extensive data, models, and analytics to provide valuable insights into these markets. Our primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards.

NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about option risks and characteristics at theocc.com.

The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.

Disclosure: This article was generated with the assistance of AI