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GLXY Stock Jumps as Galaxy Digital Unveils Multi-Asset Crypto Credit Line

Guavy AI Editorial Team
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BTC ETH SOL
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Galaxy Digital's GLXY stock rose by 8.54% on Tuesday after the company launched its new Crypto Portfolio Line of Credit through GalaxyOne.

The product allows eligible customers to borrow against Bitcoin, Ethereum, and Solana through a single revolving credit facility without selling their holdings.

The line carries an 8.99% APR with no origination fee, and a starting loan-to-value ratio of 50%. Pledged collateral will not be rehypothecated while it supports an active credit line.

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