Galaxy Digital Taps Fireblocks to Offer Staking Access to 2,000 Financial Giants

2025-07-09 14:38:32

Main Idea

Galaxy Digital partners with Fireblocks to provide staking services to over 2,000 financial institutions, expanding its custodial network with $3.15 billion in staked assets.

Key Points

1. Galaxy Digital integrates with Fireblocks to offer staking access to over 2,000 institutions using Fireblocks' custody infrastructure.

2. Galaxy currently holds $3.15 billion in staked assets and has expanded its custodial partnerships, including deals with Zodia Custody and BitGo.

3. The partnership aims to provide secure and capital-efficient staking services for institutions transitioning to blockchain-based yield opportunities.

4. Ethereum staking has surged, with over 35 million ETH (28.3% of total supply) staked, including significant contributions from Lido, Binance, and Coinbase.

5. Large wallets have increased ETH holdings, with over 871,000 ETH added in a single day on June 12, 2025, marking the highest daily inflow of the year.

Description

Galaxy Digital has expanded access to its institutional staking platform through a new integration with crypto custody provider Fireblocks, the companies announced Wednesday . Key Takeaways: Galaxy Digital integrated with Fireblocks to offer staking access to over 2,000 institutions. The firm now holds $3.15B in staked assets and is expanding through custodial partnerships. Galaxy is becoming a key player in on-chain financial infrastructure. The partnership will allow more than 2,000 financial ...

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