Galaxy Digital Crypto Lending Product Lets Investors Borrow Cash Against BTC, ETH and SOL

Galaxy Digital launched a crypto-backed portfolio line of credit for eligible GalaxyOne clients. Clients can borrow against Bitcoin, Ether, and Solana without selling holdings. The product charges 8.99% APR with no origination fee and offers instant USD or USDC funding. Collateral is not rehypothecated, and the product is available in 40 U.S. states.