Galaxy Digital completes first tokenized collateral loan note issuance, totaling $75 million.
TechFlame
2026-01-15 12:11
TechFlame2026-01-15 12:11
English
TechFlame News – According to market sources, Nasdaq-listed Galaxy Digital has announced the completion of its first tokenized collateralized loan obligation (CLO) issuance, "Galaxy CLO 2025-1," on the Avalanche blockchain. The issuance amounts to $75 million, with the proceeds intended to support Galaxy's lending business, including funding for an unfunded credit facility provided to Arch Lending. It is reported that Galaxy's lending team and digital infrastructure team were responsible for structuring and tokenizing the CLO, respectively, while Galaxy Asset Management handled the issuance and management of the collateralized loan obligation.