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Galaxy Digital launches BTC, ETH, and SOL-backed revolving credit line

The GalaxyOne credit line charges an 8.99% APR, provides instant funding in USD or USDC, and is initially available in 40 U.S. states without an origination fee.

Reported · Written up by our desk · Market Structure

Galaxy Digital has launched a crypto-backed portfolio line of credit for eligible GalaxyOne clients, allowing them to borrow cash against their cryptocurrency holdings without selling their BTC, ETH, or SOL.

The revolving line of credit combines eligible assets as collateral and includes staked SOL. The firm said the structure is meant to give clients liquidity for expenses or investments while staying invested in crypto, supporting a more tax-efficient approach.

According to The Block, the product carries no origination fee and charges an 8.99% APR. It offers instant funding in USD or USDC, does not rehypothecate collateral, and is initially available in 40 U.S. states.

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