TREE NEWS update: Galaxy Digital has introduced a crypto portfolio line of credit on its retail platform GalaxyOne, allowing users to borrow USD or USDC against BTC, ETH, and SOL (including staked SOL) at an 8.99% APR with no rehypothecation. The product targets high-net-worth individuals and offers a 50% initial loan-to-value ratio, available in 40 US states. This move comes amid a contracting crypto lending market, positioning Galaxy as a safe alternative post-FTX.
Galaxy Digital Launches Crypto-Backed Credit Lines on GalaxyOne
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