Galaxy introduced a combination credit line for encrypted assets that users can use as collateral for BTC, ETH, SOL

Wu stated that it had been informed that Galaxy had introduced a combination credit line for encrypted assets (crypto portfolio line of credit) in GalaxyOne, and that eligible users could obtain a revolving credit line as a combination collateral for BTC, ETH and SOL (including pledged SOL) without the need to sell the related assets. The initial LTV is 50 per cent, with no start-up fee and an annual interest rate of 8.99 per cent (adjusted) and no additional pledge or loan will be made to the assets for which interest is payable only on a monthly basis. Borrowing funds may be used on the GalaxyOne platform, or may be obtained as collateral without the release of SOL pledged to USD or USDC, and may continue to receive the corresponding pledge proceeds。