Senior Product Security Engineer

GalaxyOne clients can now borrow cash against Bitcoin, Ethereum, and Solana holdings. * by Dhaval * 2026-08-25 * 0 Comments * 2 minutes read * 2 hours ago Galaxy Digital has introduced 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 move, reported by The Block, marks a strategic expansion of Galaxy's lending services within its prime brokerage platform. How the GalaxyOne line of credit works. GalaxyOne, Galaxy Digital's digital asset prime brokerage platform, offers a range of services including trading, lending, and custody. The new line of credit enables clients to use their crypto holdings as collateral for cash loans, providing liquidity without triggering a taxable event or losing exposure to potential price appreciation. This approach is similar to traditional securities-based lending, but tailored for digital assets. The facility is designed for high-net-worth individuals, family offices, and institutional clients who require flexible funding while maintaining their crypto positions. By accepting BTC, ETH, and SOL, Galaxy is aligning with the most liquid and widely held digital assets, ensuring efficient collateral valuation and risk management. Why this matters for crypto investors. For investors holding significant crypto assets, the ability to access cash without selling is a critical financial tool. It allows them to fund personal expenses, business ventures, or other investments while preserving their crypto exposure. This can be particularly advantageous in bullish markets, where selling would mean missing out on future gains, or in bearish markets, where selling would lock in losses. Galaxy's entry into this space reflects a broader trend among financial institutions to offer more sophisticated lending products backed by digital assets. As the crypto market matures, such services are becoming essential for integrating digital assets into traditional wealth management strategies. Risk considerations and eligibility. While the line of credit offers clear benefits, it also carries risks. If the value of the collateral drops significantly, clients may face margin calls, requiring them to deposit additional assets or repay part of the loan. Galaxy will likely apply conservative loan-to-value (LTV) ratios to mitigate this risk, but clients should be aware of the potential for liquidation in volatile market conditions. Eligibility for the GalaxyOne line of credit is likely limited to accredited investors or institutional clients who meet certain criteria. Galaxy has not publicly disclosed the specific terms, interest rates, or LTV ratios, but these details are typically customized based on the client's portfolio and risk profile. Conclusion. Galaxy's launch of a crypto-backed line of credit for GalaxyOne clients represents a significant step in bridging traditional finance and digital assets. By allowing clients to borrow against their BTC, ETH, and SOL holdings, Galaxy is providing a practical solution for liquidity management without forced selling. As the demand for such products grows, this move positions Galaxy as a leader in institutional-grade crypto lending. FAQs. Q1: What is GalaxyOne? GalaxyOne is Galaxy Digital's prime brokerage platform that offers trading, lending, and custody services for digital assets, catering to institutional and high-net-worth clients. Q2: Which cryptocurrencies are supported as collateral? GalaxyOne clients can use Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as collateral for the line of credit. Q3: What are the benefits of borrowing against crypto instead of selling? Borrowing allows investors to access cash without triggering a taxable event or losing their crypto exposure, which can be beneficial in both rising and falling markets. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. BitcoinWorld strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Galaxy powers staking for Morgan Stanley Investment Management's new Ethereum and Solana etps. NEW YORK - August 18, 2026 - Galaxy today announced that Morgan Stanley Investment Management has selected Galaxy as one of the approved validators to power staking for two new digital asset exchange-traded products (ETPs): Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL).[1] MSSE and MSOL seek to track the performance of ETH and SOL, respectively, and each intends to stake a portion of its holdings through institutional validators, including Galaxy, passing the resulting staking rewards to shareholders through regular distributions. Galaxy is one of three firms selected to support staking across the two products. "Ethereum and Solana have different validator requirements, different client bases, different risk considerations," said Steve Kurz, Global Co-Head of Digital Assets at Galaxy. "Morgan Stanley Investment Management evaluated us against both networks, separately, and came back with the same answer twice. That's the kind of diligence institutional capital requires, and it's exactly the standard we built this business to meet." Morgan Stanley Investment Management's selection extends Galaxy's role as a staking infrastructure provider to a growing list of major asset managers. It reflects a broader shift as banks and asset managers that once may have treated digital assets as a space to watch are now choosing infrastructure already proven at an institutional scale to do it. "Staking is a core component of the Ethereum and Solana ecosystems, and we're focused on providing digital asset solutions that meet the growing demand we're seeing from clients while adhering to Morgan Stanley's standards," said Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management. "Partners like Galaxy, with a longstanding track record across both networks, are central to delivering that." Galaxy's Onchain Infrastructure team ended 2Q26 with $2.8 billion in staked assets[1] across Ethereum, Solana, and other leading proof-of-stake networks, and continues to expand its validator and staking footprint across networks and asset managers, with the same focus on performance, uptime, and operational rigor that earned it this role. About Galaxy Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, Galaxy develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Its 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy's businesses and products is available on www.galaxy.com. Investor Relations Contact: Jonathan Goldowsky - [email protected] Media Relations Contact: Michael Wursthorn - [email protected] About Morgan Stanley Investment Management Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $2 trillion in assets under management or supervision as of June 30, 2026. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im. CAUTION ABOUT FORWARD-LOOKING STATEMENTS The information in this document may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended and "forward-looking information" under Canadian securities laws (collectively, "forward-looking statements"). Our forward-looking statements include, but are not limited to, statements regarding our or our management team's expectations, hopes, beliefs, intentions or strategies regarding the future. 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There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks include, but are not limited to: (1) risks related to our blockchain infrastructure and staking business; (2) changes in applicable laws or regulations; (3) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (4) changes or events that impact the cryptocurrency and AI/HPC industry, including potential regulation, that are out of our control; (5) the risk that our business will not grow in line with our expectations or continue on its current trajectory; (6) the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of it; (7) any delay or failure to consummate the Company's business mandates or achieve its business pipeline goals; (8) liquidity or economic conditions impacting our business; (9) technological challenges, cyber incidents or exploits; and (10) those other risks contained in filings we make with the Securities and Exchange Commission (the "SEC") from time to time, including in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, available on Galaxy's profile at www.sec.gov. Should one or more of these risks or uncertainties materialize, they could cause its actual results to differ materially from the forward-looking statements. Except as required by law, Galaxy assume no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements.

Israel's biggest bank launches Galaxy crypto trading for BTC, ETH, SOL. 1 hour ago Israel's Bank Leumi is partnering with Galaxy Digital to bring crypto trading to its banking app, expanding digital asset access beyond institutions and into mainstream retail finance. The service is expected to launch in early 2027, allowing customers to buy, hold, and sell Bitcoin, Ether, and Solana directly through Leumi's trading interface. Leumi said customers of the bank and its Pepper mobile banking arm will be able to use a dedicated section within the Leumi Trade app for the three cryptocurrencies. The companies also framed the rollout as a first for an Israeli bank, while detailing how Galaxy will provide both trading capabilities and custody support. Key takeaways. * Leumi and Galaxy Digital plan to offer crypto trading for Bitcoin, Ether, and Solana through the Leumi Trade app. * Launch timing: early 2027, according to the companies' announcement. * GalaxyOne Institutional will be used for trading and related services, with Galaxy custody infrastructure supporting the setup. * Leumi says it will be the first Israeli bank to provide digital asset trading to retail customers. Leumi brings crypto trading into its retail app. Under the agreement announced Friday, Leumi will enable customers to access crypto markets for three major assets - Bitcoin (BTC), Ether (ETH), and Solana (SOL) - via a dedicated section of the Leumi Trade application. The functionality is designed around three common user actions: buying, holding, and selling. Leumi positioned the integration as an industry milestone in Israel, stating that it expects to be the first Israeli bank to offer digital-asset trading services to customers. The bank also emphasized its customer footprint, noting that it serves millions of clients across retail and business operations. For market participants, the development is notable because it suggests regulated banks are continuing to build distribution channels for crypto rather than limiting participation to broker-dealers or crypto-native platforms. While the exact user experience and onboarding steps were not detailed in the announcement, the "through the bank's app" approach is a meaningful shift in where retail crypto services are likely to be discovered and accessed. Galaxy provides trading and custody infrastructure. The partnership is supported by two separate pillars of Galaxy's platform. Leumi said it will use GalaxyOne Institutional for trading and related services. For custody and digital asset infrastructure, the companies said Galaxy's custody platform - formerly known as GK8 - will support the technical foundation behind the offering. That separation matters from a risk and operations standpoint. Trading systems and custody systems typically require different controls, reporting, and security tooling, and the announcement indicates Leumi will be leveraging Galaxy's established infrastructure rather than building a complete stack internally. For investors and users watching the space, this approach is often associated with faster deployment timelines and more consistent institutional-grade operational standards. However, until closer to launch, key details remain unclear - such as whether the service will operate with specific regional restrictions, what user limits or compliance requirements will apply, and how the platform will handle order routing and settlement. Those elements could influence both customer demand and operational risk management when the service goes live. Why the timing and partnership structure matter. The stated target - early 2027 - places the Leumi rollout well into the future, giving the banks time to complete integration, compliance procedures, and security hardening. From an editorial perspective, the duration is also a reminder that bank-led crypto products are often slower-moving than crypto-native services, particularly when custody, reporting, and regulatory frameworks must be aligned. Galaxy Digital's role as the technology and liquidity partner also highlights how large crypto firms are increasingly positioning themselves as infrastructure providers to traditional finance. Rather than building standalone consumer exchanges, these collaborations aim to turn crypto market access into a feature inside existing banking channels. That shift could be important for adoption. Bank apps typically come with established customer onboarding, payment rails, and support workflows. If Leumi's offering proves smooth and reliable, it could reduce friction for mainstream users who want exposure to major cryptocurrencies but prefer the familiar interface of a regulated bank. Galaxy's recent performance underscores a volatile backdrop. The announcement arrives after Galaxy reported a challenging period for its broader business. According to Cointelegraph's earlier coverage linked in the original report, Galaxy posted an $85 million net loss in Q2, which it attributed largely to declining digital asset prices. Despite the net loss, Galaxy's digital assets segment generated $66 million in adjusted gross profit, reported as up 34% quarter-over-quarter. This matters because it frames the partnership against a backdrop where the crypto market's direction can swing profitability. Even so, the fact that Galaxy continued to report positive adjusted gross profit in the digital assets business suggests that trading and infrastructure services may remain comparatively resilient during down cycles - especially if counterparties and institutional users continue to operate. For readers tracking Galaxy's broader strategy, the Leumi deal reinforces an angle that the company has been pursuing for some time: using institutional infrastructure and market services to gain access to distribution partners. Galaxy Digital, founded and led by Mike Novogratz, began trading on the Nasdaq under the ticker GLXY in May 2025. Yahoo Finance data showed the stock at $21.38 on Friday morning, up about 2% on the day but down roughly 25% over the past year. What to watch next. With an early-2027 launch horizon, the most important developments for customers and the market will be regulatory approvals, product design details inside Leumi Trade, and how Galaxy's trading and custody components are integrated for a bank-grade user experience. Until then, investors should watch for additional partner announcements and any operational disclosures that clarify how Leumi plans to scale crypto access while managing custody, compliance, and liquidity requirements. Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure