According to CoinMeta, Galaxy has launched an encrypted collateral credit line service on its retail application GalaxyOne today, allowing eligible U.S. customers to borrow funds for liquidity without having to sell BTC, ETH, or pledge SOL. This multi-asset credit line does not charge an initiation fee, has an annual interest rate of 8.99%, and the loan-to-value ratio is capped at 50%. The pledged SOL can still earn rewards during the collateral period. Galaxy stated that the pledged assets will not be repledged, and withdrawals are usually credited almost immediately in U.S. dollars or USDC. The product is designed to be more stable than pure DeFi lending channels. This is the latest expansion for GalaxyOne; GalaxyOne is a super app launched by Galaxy in October 2025, which has integrated high-yield cash, pledging, and commission-free stock trading.