Galaxy Offers Crypto-Backed Credit Line to Eligible US Clients

Galaxy has rolled out a new credit line for eligible US clients, allowing them to borrow against Bitcoin (BTC), Ether (ETH), and Solana without selling their holdings. The revolving facility also accepts staked Solana.

The Crypto Portfolio Line of Credit combines eligible assets under one facility, with pledged collateral remaining protected and not rehypothecated. This means borrowers can access cash while keeping their crypto positions intact.

The credit line carries an 8.99% annual percentage rate (APR) with no origination fee and interest-only monthly payments. Clients can generally access funds soon after opening a line and withdraw dollars or USDC for expenses such as taxes and property purchases.