Galaxy Digital expands into Fireblocks Trust Company for regulated custody

Galaxy Digital has expanded its custody infrastructure by partnering with Fireblocks Trust Company, a newly launched custodian regulated by the New York Department of Financial Services. The move signals the firm's push to broaden its institutional custody offerings under a formal regulatory framework. This partnership reflects broader industry momentum toward compliance-focused infrastructure as institutional adoption accelerates amid tightening regulatory oversight.

• Fireblocks Trust Company operates under NYDFS charter, providing Galaxy Digital access to a regulated custodial service.
• The expansion addresses growing demand from institutional clients seeking custody solutions that meet evolving compliance standards.
• Galaxy Digital is diversifying its service portfolio beyond its core businesses into regulated digital asset custody.