GalaxyOne has launched a crypto asset portfolio credit line that lets eligible clients borrow cash using Bitcoin, Ethereum, and Solana, including staked SOL, as collateral without selling their holdings. The product is designed to provide liquidity without triggering taxable events and allows multiple crypto assets to be combined under a single revolving credit line with instant USD or USDC funding.
The service carries no fees and charges an annual interest rate of 8.99%. Galaxy said the loan structure does not involve rehypothecation of collateral and is initially available in 40 U.S. states. GalaxyOne Managing Director Zac Prince said the offering uses Galaxy's institutional-grade infrastructure to provide competitive rates and flexibility.
GalaxyOne Launches Bitcoin, Ethereum and Solana-Backed Lending Product
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