【Chain News】Galaxy Digital has come up with a new approach. This NASDAQ-listed company issued a tokenized secured loan certificate on the Avalanche blockchain, with a scale of $75 million, called “Galaxy CLO 2025-1.”
In simple terms, it’s bringing the traditional financial CLO (Collateralized Loan Obligation) onto the blockchain. The funds are mainly used to support Galaxy’s own lending business, including an uncommitted credit line provided to Arch Lending.
From an operational perspective, Galaxy’s internal lending team and digital infrastructure team each have their roles—one responsible for designing the structure, the other for tokenization implementation. Ultimately, Galaxy’s asset management company issues and manages this certificate. This model actually reflects the gradual integration of traditional finance and Web3, with larger institutions becoming increasingly willing to play with real money on the chain.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
OfflineNewbie
· 01-15 12:37
Nasdaq players are starting to engage in on-chain financing. Is this the rhythm of completely moving traditional finance onto the blockchain?
View OriginalReply0
DegenWhisperer
· 01-15 12:36
Traditional financial tricks moved on-chain, how long can it last? 75 million is not a small amount.
View OriginalReply0
GateUser-c799715c
· 01-15 12:36
Traditional finance is now playing the same tricks on the blockchain, wow.
View OriginalReply0
CodeZeroBasis
· 01-15 12:31
Really? The traditional finance tricks are being moved onto the chain. Is Galaxy trying to launder CLOs with blockchain or what...
---
75 million sounds impressive, but how does that compare to their actual business scale?
---
It's another case of self-loaning, feels a bit like a nested doll
---
More and more of this kind of thing is happening on Avalanche; be careful not to step on a landmine
---
Honestly, it's still the same old traditional finance approach; blockchain is just a shell, right?
Galaxy Digital issues $75 million tokenized collateralized loan certificates on Avalanche
【Chain News】Galaxy Digital has come up with a new approach. This NASDAQ-listed company issued a tokenized secured loan certificate on the Avalanche blockchain, with a scale of $75 million, called “Galaxy CLO 2025-1.”
In simple terms, it’s bringing the traditional financial CLO (Collateralized Loan Obligation) onto the blockchain. The funds are mainly used to support Galaxy’s own lending business, including an uncommitted credit line provided to Arch Lending.
From an operational perspective, Galaxy’s internal lending team and digital infrastructure team each have their roles—one responsible for designing the structure, the other for tokenization implementation. Ultimately, Galaxy’s asset management company issues and manages this certificate. This model actually reflects the gradual integration of traditional finance and Web3, with larger institutions becoming increasingly willing to play with real money on the chain.