Morgan Stanley and Galaxy Digital have partnered to allow eligible wealth management clients to lend Bitcoin, Ethereum, or Solana in exchange for spot crypto exchange-traded product (ETP) shares, streamlining onboarding and reducing minimum transaction sizes.
Galaxy Digital reduces probability of Senate passing crypto bill (CLARITY Act) by 2026 to 60% from 75%, citing closing legislative window before August recess and unresolved provisions.
Galaxy Digital founder Mike Novogratz testified in Delaware court against BitGo CEO Mike Belshe over a failed $1.2 billion crypto merger. Galaxy seeks to avoid a $100 million fee, citing regulatory hurdles and BitGo's alleged failure to provide financial information.
Galaxy Digital's subsidiary, GalaxyOne Prime NY, has obtained a BitLicense and Money Transmission License from the NYDFS, enabling regulated digital asset services for institutional clients in New York.
Kripto yatırım şirketi Galaxy Digital ile Ether hazine şirket Sharplink yeni bir ortaklık açıkladılar. “Galaxy Sharplink Zincir üstü Getiri Fonu” adlı özel yatırım fonu, Sharplink şirketinin elindeki ETH'lerin bir bölümünü DeFi protokollerine ve likidite sağlama stratejilerine yatıracak.
Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.
The CLARITY Act is moving toward its next procedural test after Senate negotiators released compromise language on stablecoin rewards last week, raising expectations that the Senate Banking Committee could take up the measure as soon as the week of May 11. Alex Thorn, head of research at Galaxy Digital, said the release of text from […] The post CLARITY Act markup could come next week after stablecoin deal breakthrough appeared first on CryptoSlate.
New stablecoin yield provisions have been published by Senators Thom Tillis and Angela Alsobrooks, potentially clearing a major roadblock for the CLARITY Act. The legislation prohibits paying interest on stablecoins but allows rewards for bona fide activities. Polymarket traders now see a 55% chance of the bill passing in 2026, up 9% in 24 hours. Senate Banking Committee could schedule markup as soon as the week of May 11.
Galaxy Digital head of research Alex Thorn expects the banking industry to “increase their opposition efforts” following the release of the final stablecoin yield provisions.
Galaxy Digital reported a Q1 net loss of $216 million ($0.49/share), improved from $295 million deficit a year ago, as tepid crypto markets continued to pressure the financial services firm. CEO Mike Novogratz noted the loss was partially offset by exposure to Hyperliquid's native token, which has rallied 56% YTD. Total assets declined 12% QoQ to $9.99 billion, with Bitcoin holdings at $431 million, Ethereum at $61 million, and Solana at $42 million.
Galaxy Digital reported a Q1 2026 loss of $216 million ($0.49 per share), beating analyst expectations of $0.59 loss, as weaker crypto prices reduced asset valuations. Revenue held steady at $10.2 billion. The company is pivoting to AI-linked data centers, with Helios campus in Texas expected to start generating revenue in Q2 2026.
Crypto majors are very red following a red Tuesday across markets; BTC -3% at $88,200; ETH -6% at $2,905, SOL -2% at $127; XRP -2% to $1.88. MYX (+11%) and ZRO (+10%) led top movers. Bitcoin and Solana both fell below key technical support levels as selling pressure accelerated. Over $1B in longs were liquidated during Bitcoin’s slide below $88k. Delaware Life added Bitcoin exposure to a fixed indexed annuity by linking performance to BlackRock’s spot BTC ETF, one of the first big moves to expand crypto access inside traditional insurance products. Trump Media announced plans to airdrop crypto tokens to shareholders in February, marking its first onchain incentive tied directly to equity ownership. Coinbase CEO Brian Armstrong traveled to Davos to push for a “win-win” U.S. crypto market structure bill amid renewed regulatory momentum. Portugal’s gambling regulator blocked access to Polymarket, citing unlicensed gambling concerns as prediction markets face mounting global scrutiny. The CFTC warned it is underprepared to take on a broader crypto oversight role, as the agency faces staffing shortages after a roughly 21.5% workforce reduction. Galaxy Digital announced plans for a $100M hedge fund targeting crypto and fintech. World Liberty Fi announced its first annual form at Mar-A-Lago on Feb 18.
