Galaxy Digital and BitGo have partnered to enhance crypto staking services, despite an ongoing $100 million lawsuit from BitGo alleging that Galaxy breached a merger agreement made in 2021. This collaboration allows Galaxy to leverage its existing staking business, which manages over $4 billion in staked assets, while providing BitGo’s institutional clients the ability to use staked assets as collateral for loans and trading. Zane Glauber, head of Galaxy’s Blockchain Infrastructure team, emphasized the strategic advantages of integrating staking services with a custodial platform, enabling clients to borrow cash against staked assets. The partnership illustrates a mutual interest in promoting digital asset adoption amidst legal challenges. Galaxy’s focus on enhancing its staking infrastructure continues, as it seeks to benefit from a potentially crypto-friendly regulatory environment in the U.S. under President Trump.

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