Galaxy Digital Expands Institutional Staking Services With Fireblocks Integration

Galaxy Digital, a prominent crypto trading firm, has expanded its institutional staking services through a strategic integration with Fireblocks. This collaboration aims to provide Fireblocks clients with access to Galaxy’s institutional staking platform, facilitating secure and capital-efficient on-chain participation at scale. The integration is designed to enhance the security and efficiency of staking processes, allowing institutional investors to engage in staking activities with greater confidence and ease.

The partnership between Galaxy and Fireblocks is a testament to the growing demand for institutional-grade staking solutions in the crypto market. By leveraging Fireblocks' robust infrastructure, Galaxy can offer its clients a more streamlined and secure staking experience. This integration not only benefits Fireblocks clients but also positions Galaxy as a leading provider of institutional staking services, further solidifying its presence in the competitive crypto trading landscape.

Galaxy currently holds around $2.3 billion of crypto assets under stake, and the Fireblocks deal is its third custodial integration this year, following tie-ups with Zodia Custody and BitGo. This collaboration is expected to attract more institutional investors to the crypto market, as it addresses key concerns such as security and capital efficiency. The integration unlocks Galaxy’s institutional staking platform for Fireblocks clients, enabling secure, capital-efficient on-chain participation at scale.

This development underscores the importance of partnerships in driving innovation and growth in the crypto industry. By combining their expertise and resources, the two firms can offer a comprehensive staking solution that meets the needs of institutional investors. The integration of Galaxy’s institutional staking platform with Fireblocks is a strategic move that aligns with the broader trend of institutional adoption in the crypto market. As more institutional investors seek to participate in the crypto market, the demand for secure and efficient staking solutions is on the rise.

This partnership is a step towards meeting that demand, providing institutional investors with a reliable and scalable staking platform. The collaboration between Galaxy and Fireblocks is expected to set a new standard for institutional staking services, paving the way for further innovation and growth in the crypto industry. “This Fireblocks integration represents a significant step forward in Galaxy’s mission to make secure and capital-efficient staking available where institutions custody their digital assets,” said Zane Glauber, head of blockchain infrastructure at Galaxy.