Bitcoin, Ethereum And Solana Holders Get a New Borrowing Option
Galaxy Digital now lets eligible US investors borrow USD against major crypto assets.
The new GalaxyOne credit line accepts Bitcoin bitcoin:native, Ethereum ethereum:native, and staked Solana solana:So11111111111111111111111111111111111111112 as collateral. Clients can combine multiple assets within the same borrowing facility.
Galaxy has set the interest rate at a fixed 8.99% APR. The firm is targeting investors who want liquidity while keeping their crypto exposure.