Galaxy Digital has launched a crypto-backed portfolio line of credit for eligible GalaxyOne clients, allowing them to borrow cash against their Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) holdings without selling their assets.
The revolving facility, reported on August 25, 2026, also accepts staked Solana and combines eligible assets under one credit line. Galaxy says pledged collateral remains protected and is not rehypothecated, enabling borrowers to access liquidity while maintaining their crypto positions.
The Crypto Portfolio Line of Credit carries an 8.99% annual percentage rate, with no origination fee and interest-only monthly payments. Clients can generally access funds soon after opening a line and withdraw dollars or USDC for expenses including taxes and property purchases. Galaxy offers the facility in 40 US states.
The product is designed for high-net-worth individuals, family offices, and institutional clients. It mirrors traditional securities-based lending but is tailored for digital assets. By accepting BTC, ETH, and SOL, Galaxy aligns with the most liquid and widely held digital assets, supporting efficient collateral valuation and risk management.
Borrowing against crypto allows investors to access cash without triggering a taxable event or losing exposure to potential price appreciation. However, the facility carries risks: if collateral values drop significantly, clients may face margin calls or liquidation in volatile market conditions. Galaxy has not publicly disclosed all customized terms, eligibility thresholds, or loan-to-value ratios, but such details are typically tailored to each client’s portfolio and risk profile.
The launch marks a strategic expansion of Galaxy’s lending services within its prime brokerage platform and reflects a broader trend among financial institutions offering more sophisticated digital-asset-backed lending products.
