Galaxy expands retail crypto lending with new BTC, ETH and SOL-backed credit line

Galaxy has launched a credit line allowing retail customers to borrow fiat currency while using Bitcoin, Ethereum, and Solana as collateral. The product, available through GalaxyOne, enables eligible clients to access cash against their major crypto holdings without liquidating positions - a structure that lets users maintain exposure to potential price appreciation while meeting short-term funding needs.

The move reflects growing infrastructure around crypto-backed borrowing at the retail level, historically dominated by institutional players and decentralized finance platforms. By offering this through a branded platform, Galaxy is positioning itself in a broader competitive space where traditional finance is increasingly accommodating crypto as collateral.

• Retail users can now borrow against BTC, ETH, and SOL through Galaxy without selling their holdings, keeping exposure intact.
• The credit line targets GalaxyOne clients specifically, suggesting tiered access or eligibility requirements.
• This represents an expansion of crypto-collateralized lending beyond institutional and DeFi channels into mainstream retail banking-adjacent products.