Galaxy launches crypto-backed line of credit on GalaxyOne app
Galaxy has introduced a revolving line of credit on its GalaxyOne retail app, enabling eligible U.S. clients to borrow cash against Bitcoin, Ethereum, and staked Solana. The product allows users to access liquidity without selling their underlying assets.
Galaxy has introduced a revolving line of credit on its GalaxyOne retail app, enabling eligible U.S. clients to borrow cash against Bitcoin, Ethereum, and staked Solana. The product allows users to access liquidity without selling their underlying assets.
The multi-asset facility carries no origination fee and a variable annual percentage rate of 8.99%. A maximum loan-to-value ceiling of 50% applies to the collateral. Staked Solana pledged as security continues to accrue rewards during the loan period.
Galaxy states that pledged collateral is not rehypothecated. Draws on the line are typically funded in U.S. dollars or USDC almost instantly. The company frames the offering as a more stable alternative to decentralized finance borrowing rails.
This launch expands the GalaxyOne superapp, which Galaxy introduced in October 2025. The platform currently bundles high-yield cash accounts, staking services, and commission-free stock trading.
Filed by the digital assets desk of MarketPR on October 9, 2026. Source: finance.yahoo.com. Indicative figures are not investment advice.