Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * DEASON DOUGLAS R 2. Issuer Name and Ticker or Trading Symbol Galaxy Digital Inc. [GLXY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O GALAXY DIGITAL INC., 300 VESEY STREET 3. Date of Earliest Transaction (Month/Day/Year) 11/07/2025 (Street) NEW YORK, NY 10282 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 11/07/2025 P 2,000 A $28.95(1) 2,000 I Held by Deason Capital LLC Class A Common Stock 11/07/2025 P 2,000 A $29.15(1) 4,000 I Held by Deason Capital LLC Class A Common Stock 11/07/2025 P 2,000 A $31.559(1) 6,000 I Held by Deason Capital LLC Class A Common Stock 11/07/2025 P 2,000 A $29.25(1) 8,000 I Held by Deason Capital LLC Class A Common Stock 11/07/2025 P 2,000 A $29.05(1) 10,000 I Held by Deason Capital LLC Class A Common Stock 23,482(2) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DEASON DOUGLAS R C/O GALAXY DIGITAL INC. 300 VESEY STREET NEW YORK, NY 10282	X

Signatures

/s/ Francesca Don Angelo, Attorney-in-Fact for Douglas R. Deason		11/10/2025
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
(2)	Includes 23,482 shares of Class A Common Stock to be delivered in settlement of deferred share unit awards ("DSUs"). A DSU award was granted on August 6th, 2025 where 5,419 are scheduled to vest on June 15, 2026, 5,960 are scheduled to vest on September 1, 2026, 5,960 are scheduled to vest on September 1, 2027 and 6,143 are scheduled to vest on September 1, 2028. The DSU awards, in each case, are subject to continued service through the applicable vesting date.

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