Galaxy Launches Credit Lines for Crypto Asset Portfolios; Users Can Use BTC, ETH, and SOL as Collateral
2026-08-26 00:20:25
According to CoinMeta, Wu said that Galaxy has launched a credit line for crypto asset portfolios on GalaxyOne (comprising crypto, portfolio, line, of, and credit). Eligible users can use BTC, ETH, and SOL (including those already pledged as SOL) as collateral for this portfolio to obtain a revolving credit line without the need to sell the related assets. The initial loan-to-value ratio of this product is 50%, with no initiation fee charged, and an annual interest rate of 8.99% (which is adjustable). Only interest needs to be paid monthly; the pledged assets will not be re-pledged or lent out. The borrowed funds can be used within the GalaxyOne platform or withdrawn in the form of USD or USDC. These funds, once in the form of SOL, can continue to be used as collateral without the need to release the previous pledge, and the corresponding pledge earnings can also be continued.
Source:X
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