🎉 Gate Square — Share Your Funniest Crypto Moments & Win a $100 Joy Fund!
Crypto can be stressful, so let’s laugh it out on Gate Square.
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10 creators with the funniest posts
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📌 Notes
Hashtag #MyCryptoFunnyMoment is requi
Galaxy acquires Alluvial Finance to lead the Liquid Staking protocol
Galaxy Digital Inc. (NASDAQ: GLXY) announced it has acquired Alluvial Finance, the development team behind the Liquid Collective liquid staking protocol. This deal makes Galaxy the official development company of the protocol and significantly expands its institutional staking capabilities. Galaxy will take over staking software, validator infrastructure, developer toolkits, and staking management systems for exchanges, custodians, and asset managers. Alluvial’s engineering team will also join Galaxy.
Liquid staking—which allows staking ETH or SOL while maintaining liquidity—is growing rapidly. Liquid Collective has increased its assets to nearly $1 billion this year. Galaxy, which currently manages $6.6 billion in staking assets, aims to expand the protocol to more networks, increase the number of validators, and offer compliant liquid staking products to institutions globally. GLXY shares are at $27.57, up 1.92%.