Galaxy Digital Unveils Crypto-Backed Line of Credit for Retail Clients
Galaxy Digital launched a crypto-backed line of credit on August 25, 2026, for retail clients. The 8.99% APR variable rate line allows borrowers to pledge bitcoin, ether, and SOL, including staked SOL, against one revolving credit line at a 50% loan-to-value ratio.
The Crypto Portfolio Line of Credit is available in 40 states and doesn't charge an origination fee. Clients can take interest-only monthly payments on an open-term line that funds instantly, and the company says borrowing is generally not a taxable event.
GalaxyOne Managing Director Zac Prince said: 'We're excited to bring a competitive crypto-backed borrowing product to market via our growing retail platform.'