Galaxy launches 8.99% crypto credit line

• Galaxy Digital launched a credit line backed by Bitcoin, Ethereum and Solana.
• The product charges a variable 8.99% APR and starts with a 50% loan-to-value ratio.
• Galaxy says eligible clients can access cash without selling their crypto holdings.

Galaxy Digital launched a credit line allowing eligible US clients to borrow against Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL).

The GalaxyOne Crypto Portfolio Line of Credit launched on 25 August with no origination fee and a 50% starting loan-to-value ratio.

“We’re excited to bring a competitive crypto-backed borrowing product to market via our growing retail platform,” said Zac Prince, Managing Director of GalaxyOne.

The variable annual percentage rate is 8.99%, while pledged assets are not rehypothecated and staked Solana can keep earning rewards.

Following the announcement, the Galaxy Digital share price was up 8.54% at US$24.79 on 25 August.

GalaxyOne is offering the product to eligible clients across 40 US states, with California, Delaware, Idaho and seven other states excluded.

Galaxy introduced GalaxyOne in October 2025 and has since expanded its lending products beyond its institutional and high-net-worth client base.