Galaxy Launches Retail Crypto‑Backed Credit Lines for Bitcoin, Ethereum and Staked Solana

Galaxy has introduced retail credit lines that allow its GalaxyOne customers to use cryptocurrency as collateral. The product supports three major assets: Bitcoin (BTC), Ethereum (ETH) and staked Solana (SOL). Borrowers receive cash loans while retaining ownership of their tokens.

Key Features

• Collateral options: BTC, ETH, and staked SOL.
• Fixed annual percentage rate (APR) of 8.99%.
• No requirement to sell the underlying cryptocurrency.
• Available to existing GalaxyOne clients.

How It Works

Clients pledge their selected crypto assets as security and receive a cash loan based on the collateral value. The loan terms are structured to maintain the borrower’s exposure to the underlying market while providing liquidity.

Implications for Users

This offering gives retail investors a way to access cash without liquidating positions, potentially preserving upside potential in volatile markets. The fixed APR provides cost transparency compared to variable-rate alternatives.