Galaxy Raises $75 Million in Debut Tokenized CLO to Bring Private Credit Onchain

Galaxy Digital ( (TSE:GLXY) ) just unveiled an update.

Galaxy Digital has completed the initial closing of its debut tokenized collateralized loan obligation, Galaxy CLO 2025-1, raising $75 million with an approximately $50 million anchor investment from Grove, an institutional-grade credit protocol in the Sky ecosystem. Issued and tokenized on the Avalanche blockchain and structured by Galaxy’s lending, infrastructure, and asset management units, the CLO finances an uncommitted credit facility to Arch Lending—backed by Galaxy Ventures—that provides overcollateralized consumer crypto loans, and can scale up to $200 million, offering monthly distributions and a senior coupon of SOFR plus 570 basis points. The deal is among the first of its kind in onchain credit, with INX handling token issuance and anticipated trading on its ATS platform, Anchorage Digital providing trustee, custody, and real-time collateral monitoring via its Atlas network, and Accountable supplying continuous loan-level data verification, collectively positioning Galaxy as a frontrunner in bringing private credit onchain and giving institutional investors a familiar securitization structure with enhanced transparency, efficiency, and potential secondary-market liquidity.

The most recent analyst rating on (TSE:GLXY) stock is a Hold with a C$39.00 price target. To see the full list of analyst forecasts on Galaxy Digital stock, see the TSE:GLXY Stock Forecast page.

Spark’s Take on TSE:GLXY Stock

According to Spark, TipRanks’ AI Analyst, TSE:GLXY is a Neutral.

The score is held back primarily by volatile financial statement quality (negative reported margins, inconsistent multi-year cash flow/profitability, and meaningful leverage) and a bearish technical setup (below key moving averages with negative MACD). The latest earnings call was a clear positive (record quarter and strategic execution), but valuation signals are limited by a negative P/E and no dividend yield provided.

To see Spark’s full report on TSE:GLXY stock, click here.

More about Galaxy Digital

Galaxy Digital Inc. (Nasdaq/TSX: GLXY) is a global player in digital assets and data center infrastructure, operating across lending, asset management, trading, and digital infrastructure to bridge traditional capital markets with blockchain-based financial products for institutional investors.

Average Trading Volume: 914,674

Technical Sentiment Signal: Buy

Current Market Cap: C$15.3B

See more data about GLXY stock on TipRanks’ Stock Analysis page.