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Galaxy Digital Holdings ( (TSE:GLXY) ) just unveiled an announcement.
Galaxy Digital Holdings Ltd. has partnered with BitGo Trust Company to offer staking services, allowing investors to use staked digital assets as collateral for loans and other financial products. This collaboration enhances capital efficiency for BitGo’s clients, leveraging Galaxy’s blockchain infrastructure and BitGo’s custodial solutions to unlock the potential of digital assets, demonstrating Galaxy’s commitment to innovation and security in digital asset management.
More about Galaxy Digital Holdings
Galaxy Digital Holdings Ltd. operates in the digital asset industry, providing blockchain infrastructure, lending, and trading services. The company focuses on offering secure and comprehensive financial services to digital asset investors and manages about $4.2 billion in assets under stake.
YTD Price Performance: 8.33%
Average Trading Volume: 227,079
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.6B
For an in-depth examination of GLXY stock, go to TipRanks’ Stock Analysis page.