Galaxy Digital Introduces Crypto-Backed Credit Line for Retail Investors
Galaxy Digital has launched a new borrowing facility on its GalaxyOne platform, allowing retail investors to take cash loans using their Bitcoin, Ethereum, and Solana holdings as collateral without selling them.
The Crypto Portfolio Line of Credit supports staked assets, including staked Solana, enabling users to maintain staking rewards while borrowing.
The credit line offers an 8.99% annual interest rate with no upfront fees, and interest is charged only on drawn amounts.