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Galaxy Introduces Crypto Portfolio Line of Credit with BTC Support

Guavy AI Editorial Team
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Galaxy has launched a new crypto portfolio line of credit for its GalaxyOne clients. The facility allows users to borrow against Bitcoin, Ethereum, and staked Solana through a single revolving arrangement.

The loan-to-value ratio is set at 50%, with no origination fee and an 8.99% variable annual rate. Interest-only monthly payments are available, along with the option to withdraw funds as USD or USDC within the GalaxyOne platform.

Galaxy's Managing Director of GalaxyOne, Zac Prince, said that the company is excited to bring a competitive digital asset-backed borrowing option to market through its growing retail platform.

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