# Galaxy Unveils Crypto-Backed Line of Credit Service

*Author: Bankless*
*Published: Aug 25, 2026*
*Source: https://www.bankless.com/read/news/galaxy-unveils-crypto-backed-line-of-credit-service*

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Today, Galaxy unveiled a [revolving line of credit](https://www.galaxy.com/newsroom/galaxy-introduces-crypto-portfolio-line-of-credit-on-galaxyone) on its retail app GalaxyOne, letting eligible U.S. clients borrow cash against BTC, ETH, and staked SOL for liquidity without selling. 

> Now live: A single line of credit against your [$BTC](https://x.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw), [$ETH](https://x.com/search?q=%24ETH&src=ctag&ref_src=twsrc%5Etfw), and [$SOL](https://x.com/search?q=%24SOL&src=ctag&ref_src=twsrc%5Etfw).✅No origination fee, 8.99% APR*✅Liquidity without selling**Learn more about [@galaxyoneapp](https://x.com/galaxyoneapp?ref_src=twsrc%5Etfw)'s Crypto Portfolio Line of Credit ⬇️ [pic.twitter.com/l03Iz8e2Zs](https://t.co/l03Iz8e2Zs)— Galaxy (@galaxyhq) [August 25, 2026](https://x.com/galaxyhq/status/2092247571502678404?ref_src=twsrc%5Etfw)

## **What's the Scoop?**
- **The terms:** The multi-asset line carries no origination fee, an 8.99% variable APR, and a 50% loan-to-value ceiling, with staked SOL continuing to earn rewards while pledged.
- **The pitch:** Galaxy says pledged collateral isn't rehypothecated and draws typically land in USD or USDC almost instantly, framing the product as steadier than pure DeFi borrowing rails.
- **The fit:** It's the newest build-out of GalaxyOne, the superapp Galaxy launched in October 2025 that already bundles high-yield cash, staking, and commission-free stock trading.
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