Galaxy Digital Holdings Ltd. Partners with Zodia Custody to Enhance European Staking Solutions
- Galaxy Digital Holdings Ltd. partners with Zodia Custody to enhance staking services for institutional investors in Europe.
- The collaboration enables institutions to use staked assets as collateral for loans, improving liquidity without liquidation.
- Galaxy manages $4.2 billion in assets under stake, aiming to diversify product offerings and meet regulatory demands.
Galaxy Digital Partners with Zodia Custody to Enhance Staking Solutions in Europe
In a significant move to bolster its offerings in the digital asset space, Galaxy Digital Holdings Ltd. announces a strategic partnership with Zodia Custody. This collaboration, revealed on May 7, 2025, aims to enhance Galaxy's staking services across Europe, specifically targeting institutional investors. Zodia Custody, a platform backed by renowned financial institutions such as Standard Chartered and Northern Trust, offers a robust infrastructure that aligns with Galaxy's security standards. This partnership allows institutions using Zodia's services to access Galaxy's secure staking solutions, enabling them to maximize rewards while keeping their assets held within their preferred jurisdictions.
The partnership is particularly pivotal as it facilitates the use of staked assets as collateral for loans and various financial products, all managed by Galaxy's Trading team. This innovative approach allows clients to maintain liquidity without having to liquidate their holdings, a crucial feature for institutional investors navigating the evolving digital asset landscape. With Galaxy managing approximately $4.2 billion in assets under stake, this collaboration represents a substantial enhancement of its offerings, providing clients with the tools needed to optimize their investment strategies in a compliant manner. Zane Glauber, Galaxy's Head of Blockchain Infrastructure, emphasizes that this partnership is integral to delivering streamlined staking solutions that cater to the specific regulatory requirements of the European market.
Moreover, the partnership lays the foundation for potential future ventures aimed at developing exchange-traded products that incorporate both staking and lending components. This expansion not only diversifies Galaxy's product offerings but also enhances market access in Europe, where demand for reliable digital asset strategies continues to grow among large-scale investors. Anoosh Arevshatian, Chief Product Officer at Zodia Custody, underscores the synergy between Zodia's secure technology and Galaxy's infrastructure, reinforcing the commitment of both companies to meet the evolving needs of institutional clients in the digital asset ecosystem.
In parallel with this collaboration, Galaxy Digital's earlier partnership with BitGo in 2025 marks a proactive approach to strengthening its custodian integrations. As the company continues to prioritize its expansion in Europe, it remains focused on enhancing its blockchain infrastructure solutions for institutional investors, positioning itself as a key player in the rapidly evolving digital asset market. This strategic alignment with Zodia Custody signifies Galaxy's dedication to providing comprehensive, secure, and innovative solutions that cater to the complexities of institutional investment in digital assets.