08:02 AM EST, 02/04/2025 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) on Tuesday said it is now included in the set of staking providers integrated with BitGo Trust, a provider of digital asset custody services.
Investors will be able to use staked assets as collateral for loans and other financial products.
"As our institutional clients look for solutions beyond custody we continue to expand our offerings," said BitGo's Head of Prime Brokerage and US Institutional Sales Adam Sporn.
Shares of GLXY closed down $0.46 or 1.6%, to $28.02 on Monday on the Toronto Stock Exchange.