Galaxy unveils encrypted credit line service

Today, Galaxy revealed a revolving line of credit on its GalaxyOne retail app, allowing eligible US customers to borrow money against BTC, ETH and stake SOL for liquidity without selling.

What’s the scoop?

• The terms: The multi-asset line has no origination fees, an 8.99% variable APR, and a 50% loan-to-value cap, with staked SOL continuing to earn rewards while pledged.
• The pitch: Galaxy claims that pledged collateral is not rehypothecated and is typically denominated in USD or USDC almost instantly, presenting the product as more stable than pure DeFi borrowing rails.
• The cut: This is the latest version of GalaxyOne, the Galaxy superapp launched in October 2025 that already brings together high-yield liquidity, staking and commission-free stock trading.