Galaxy Digital Launches Crypto-Backed Credit Line for BTC, ETH, SOL

Galaxy Digital has launched a new lending product that allows eligible clients to borrow cash against their cryptocurrency holdings without selling them, marking a significant move in the institutional crypto credit market. The GalaxyOne Crypto Portfolio Line of Credit, announced on August 25, 2026, enables users to pledge Bitcoin, Ethereum, and Solana, including staked SOL, as collateral through a single revolving line of credit. The product is available to eligible clients on the GalaxyOne platform in 40 U.S. states. It features a variable annual percentage rate of 8.99% with no origination fee and a 50% loan-to-value ratio.