Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal Spat

Описание: Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal SpatThe firms are driven by compelling mutual benefits: Galaxy gains extra staking business and BitGo customers are able to use staked assets as collateral for loans and trading.By Ian Allison|Edited by Sheldon RebackUpdated Feb 2, 2025, 9:55 a.m. UTCPublished Feb 4, 2025, 11:00 a.m. UTC
Galaxy Digital (GLXY), the cryptocurrency trading company helmed by Mike Novogratz, is bringing its blockchain staking capabilities to regulated custody specialist BitGo Trust, despite the legal spat between the two firms.It makes sense to play nice: The deal brings Galaxy’s staking and validator services, which handle over $4 billion billion in staked crypto assets, to BitGo’s institutional custody clientele, enabling investors to earn staking rewards while also using the assets as collateral for loans and trading on Galaxy’s platform.Stablecoins Hit Record Over $200B Market CapKeep WatchingNext video in 1 secondMore Videos0 of 1 minute, 14 secondsVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledShortcuts Open/Close/ or ?Play/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemDecrease Caption Size-Increase Caption Size+ or =Seek %0-9
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