According to The Block, Galaxy has launched a portfolio credit product backed by crypto assets. Eligible GalaxyOne customers can borrow cash without selling their holdings, using BTC, ETH and SOL as collateral. The revolving credit line is secured by a qualified asset portfolio and is designed to give customers liquidity while they continue to hold their crypto assets for everyday spending or investment needs.
ChainCatcher, citing The Block, reported that Galaxy has rolled out a portfolio credit product backed by crypto assets.
Eligible GalaxyOne customers can borrow cash without selling what they hold, putting up BTC, ETH and SOL as collateral. It’s a revolving credit line secured by a qualified asset portfolio, so customers can keep holding crypto assets while getting liquidity for everyday spending or investment needs.
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