Galaxy Digital Taps Fireblocks to Offer Staking Access to 2,000 Financial Giants
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 ...
Latest News
- Russian Policymaker Says State Should Seize Crypto From Illegal Miners2025-07-22 23:36:41
- China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Cardano by the End of 20252025-07-22 22:45:19
- Crypto Price Prediction Today 22 July – XRP, Solana, Pepe2025-07-22 22:44:22
- Department of Justice Drops Investigation Into Kraken Founder Jesse Powell: Report2025-07-22 22:09:23
- Solana Price Prediction: SOL Breaks $200 – Could $500 Be Closer Than Anyone Thinks?2025-07-22 21:57:01