Galaxy Digital Acquires Alluvial to Lead Liquid Collective Development
Galaxy Digital Inc. Class A GLXY | 17.37 16.95 | -5.85% -2.42% Pre |
Galaxy Digital Inc. has become the Development Company for Liquid Collective, the leading enterprise-grade liquid staking protocol, by acquiring Alluvial Finance, the former developer behind Liquid Collective. This move expands Galaxy's institutional staking infrastructure and brings onboard Alluvial's team of onchain engineers and technology, including a customizable Staking Management System and integration tools for exchanges, custodians, and asset managers. The acquisition is expected to deepen Galaxy's digital infrastructure platform and broaden access to compliant liquid staking products for institutional investors globally, leveraging Galaxy's expertise and industry footprint.
