Galaxy Digital is now offering retail clients credit lines backed by their crypto. GalaxyOne members can borrow cash against Bitcoin, Ethereum, or staked Solana, and they don't have to sell any of it to get the money. The loans carry a 8.99% annual percentage rate.
The terms
The 8.99% APR applies to loans secured by any of the three supported assets. That's a single rate across the board. Borrowers can draw cash against their holdings and keep their crypto positions intact. No mention of minimum or maximum amounts, but the rate is set.
Who can use it
These credit lines are for GalaxyOne clients — Galaxy Digital's customer portal. If you're already in that system, you can set up a loan against your crypto. The company hasn't said whether the product will open up to the broader public later.
No sale required
The core pitch is simple: you don't have to sell your Bitcoin or Ethereum to access cash. For holders who want to avoid a sale, this gives them a way to tap liquidity. Staked Solana is also eligible, so users can borrow against staked positions without unstaking first. That's a useful option for people who want to stay staked and still get cash.
