PANews reported on January 15th that, according to Alternativeswatch, Nasdaq-listed Galaxy Digital announced the completion of its first tokenized collateralized loan certificate, "Galaxy CLO 2025-1," on the Avalanche blockchain, raising $75 million. The funds will support Galaxy's lending business, including financing an uncommitted line of credit for Arch Lending. It is understood that Galaxy's lending team and digital infrastructure team were responsible for the structuring and tokenization of the collateralized loan certificate (CLO), respectively, while Galaxy Asset Management was responsible for its issuance and management.
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