Bitcoin News Today: Galaxy Expands Staking Infrastructure as Institutions Shift to Bitcoin Amid Altcoin Turmoil

Galaxy Digital Inc. (Nasdaq/TSX: GLXY) has expanded its institutional staking infrastructure with a new integration to Coinbase Prime, marking its fourth custodial partnership of 2025. The move follows earlier collaborations with Fireblocks, Zodia Custody, and BitGo, and underscores Galaxy's strategy to position itself as a leading provider of secure and scalable solutions for institutional clients, according to a MarketScreener report. The integration is supported by GK8, Galaxy's institutional self-custody technology platform, which aims to streamline access to staking services for large investors. With assets under stake reaching $443 million as of September 30, 2025, the company is capitalizing on growing demand for blockchain-based income streams amid a broader crypto market correction, according to the MarketScreener report.

Meanwhile, the firm's role in facilitating large-scale token movements has drawn attention. Blockchain analytics revealed that Jump Crypto, a major crypto trading firm, transferred 1.1 million Solana (SOL) tokens—valued at $205 million—to Galaxy Digital. In exchange, Jump received approximately 2,455 Bitcoin (BTC), worth $265 million, suggesting a strategic rotation from Solana to Bitcoin, according to a CoinDesk article. This transaction occurred as Solana's price fell 8% in a single day, erasing all year-to-date gains and highlighting the fragility of altcoins in the wake of underwhelming spot ETF debuts, the CoinDesk article reports. Analysts speculate that Jump's move reflects a broader trend of institutions favoring Bitcoin's perceived stability over riskier assets, even as regulatory uncertainty persists.

Galaxy's expanding infrastructure aligns with its dual focus on digital assets and data center development. The company's 800 MW Helios campus in Texas, with an additional 2.7 GW of power under study, positions it as a key player in powering AI and high-performance computing workloads, the MarketScreener report noted. This diversification strategy comes as institutional demand for crypto custody and staking services grows, with Galaxy reporting a 20% year-over-year increase in institutional client onboarding. However, the recent volatility in Solana and other altcoins underscores the challenges of balancing innovation with market stability in a sector still grappling with regulatory scrutiny and liquidity constraints, as the CoinDesk article highlighted.