Galaxy Digital Expands Institutional Staking Platform With Fireblocks Integration

Galaxy Digital has expanded its institutional staking platform through a new integration with Fireblocks, a leading crypto custody provider. This partnership allows over 2,000 financial institutions already using Fireblocks’ custody infrastructure to access Galaxy’s staking services directly from their vaults, eliminating the need for transfers.

The move comes as institutional interest in crypto staking grows. Staking involves locking tokens on proof-of-stake blockchains to support network operations in exchange for rewards. This integration is part of Galaxy’s strategy to deepen its custodial network and strengthen its institutional offering globally. Galaxy currently has $3.15 billion in digital assets under stake and has already formed custodial partnerships with Zodia Custody and BitGo this year.

Zane Glauber, head of blockchain infrastructure at Galaxy, highlighted the significance of this integration, stating that it represents a major step forward in making secure and capital-efficient staking available where institutions custody their digital assets. He emphasized Galaxy’s commitment to delivering services that meet institutional performance and reliability standards as crypto infrastructure continues to mature.

Institutional demand for staking has been on the rise, driven by clearer regulatory guidance in key jurisdictions and a broader shift among traditional financial institutions exploring blockchain-based yield opportunities. This integration enhances Galaxy’s position as a core infrastructure provider for capital markets transitioning on-chain.

Fireblocks, which facilitates secure digital asset operations for many of the world’s leading financial players, welcomed the deal as a way to strengthen its staking offerings. Adam Levine, Fireblocks’ SVP of Corporate Development & Partnerships, noted that with Galaxy’s proven infrastructure and deep expertise, they are bringing even greater value and choice to their clients.

Galaxy’s infrastructure unit is positioning itself at the intersection of staking, custody, and institutional adoption. The firm is pushing to build what it calls the next generation of blockchain-native financial services, further solidifying its role in the evolving landscape of digital assets.