We are one of the largest desks globally for all things crypto trading. The marketing team has done an excellent job with the website. Please reach out to me for anything Lending related. $GLXY

Everyone focuses on the BTC sale. The bigger story may be what’s happening in the credit market: DeFi lending recovering and tokenized RWAs steadily gaining traction. Worth the read.

I’ll be joining a panel at Haynes Boone’s Crypto & Compliance Forum in New York today, May 21 focused on lending and securitization in digital asset markets. These structures are becoming more central to institutional participation, and there are still a lot of open questions around how they scale and where risk ultimately sits. Should be a strong conversation. Looking forward to being in New York and spending time at the Haynes Boone office at 30 Rockefeller Plaza. If this is relevant to your work, hope you can join us: shorturl.at/d84gg

Speaking at Wealth Management Day on May 6 in Miami 🗓 Part of @Consensus2026. A focused day on digital assets for wealth managers — wherever you are in the journey. Covering On-Chain Fixed Income: The Next Evolution in Yield for Wealth Managers. CRD required to attend. Mention my name for expedited approval → bit.ly/3POQ7If @CoinDesk

BTC just hit 7️⃣7️⃣7️⃣7️⃣7️⃣. Think it’s a sign #BTCVegas

There’s been a lot of recent discussion around ERCOT’s March 17 PGRR 145 comments. The new 830 MW $GLXY project has a requested energization date in 2028, which based on a plain reading of ERCOTs March 17 PGRR 145 comments puts it into section 9.2.1.1(1)(e) with respect to eligibility as base load not subject to restudy in batch zero. That specific section only requires (1) valid completed studies and (2) an attestation from the utility that an IA has been signed. As a reminder, we announced our interconnection study completion on January 15, 2026 and we already executed a service agreement with our utility. PGRR 145 is draft and could change from here, but nothing in it indicates a deferral.

On-chain credit is moving from fragmented, overcollateralized DeFi → institutional-grade prime infrastructure. Portfolio margining. Multi-venue collateral. Risk-managed access to on-chain liquidity. This isn’t yield chasing anymore, it’s the early stages of a new credit market stack. Read the full piece: galaxy.com/insights/perspect… Cc: @galaxyhq @kenzieyangxz

“Do We Have Enough Power?” Read Galaxy Interactive’s Energy Thesis by @benjaminswald, Sam Englebardt, and me 👇🏻 galaxy.com/insights/perspect…

Nothing humbles a CLO announcement faster than ERCOT approving 830MW...

Year-end crypto markets weren’t bullish or bearish — just thin. Low liquidity, de-risking flows, and cautious positioning dominated. galaxy.com/insights/perspect… Cc: @galaxyhq @kenzieyangxz

Five years of building Galaxy’s trading franchise — and navigating every market moment along the way.

📉 Crypto is experiencing one of its sharpest deleveraging wipeouts since 2021: liquidity is draining, funding has turned deeply negative, and collateral quality is now more important than ever — dynamic margining is the new standard. Read more 👉 galaxy.com/insights/perspect… #Crypto #DeFi #Risk

Global leader in digital assets, @galaxyhq accesses onchain liquidity through Morpho for institutional-grade borrowing. 🔹 Crypto-backed loans at competitive onchain rates 🔹 Deep 24/7 liquidity from Morpho's network of fintech integrations 🔹 Immutable markets with transparent, auditable risk parameters

Crypto rallied on rate-cut momentum, lending desks saw tighter spreads cleaner carry — then vol reminded everyone it’s still October. Latest Galaxy Lending Monthly Color: galaxy.com/insights/perspect… Cc: @kenzieyangxz

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August lending: event-driven borrowing, sharp basis moves, and an ETH exit queue that limits supply while creating lending opportunities and sustaining market balance. Lending Commentary is live on our website: galaxy.com/insights/perspect… Cc: @kenzieyangxz