Galaxy Digital Launches Crypto Credit Line with 8.99% APR
Galaxy Digital has introduced a new credit line facility on its GalaxyOne platform for accredited US investors. This allows them to borrow USD against their holdings of Bitcoin, Ethereum, and staked Solana without selling their assets.
The Crypto Portfolio Line of Credit offers a fixed 8.99% APR with no origination fees, providing liquidity without triggering capital gains taxes.
This move signals confidence in Solana as a blue-chip asset alongside BTC and ETH, amid a recovering crypto lending market post-2022 collapses.