TLDR Galaxy stock pops 5% after unveiling its first tokenized CLO on Avalanche blockchain A $75M onchain CLO positions Galaxy at the intersection of credit and TLDR Galaxy stock pops 5% after unveiling its first tokenized CLO on Avalanche blockchain A $75M onchain CLO positions Galaxy at the intersection of credit and

Galaxy Digital (GLXY) Stock: Jumps 5% as Firm Launches First $75M Tokenized CLO on Avalanche Blockchain

TLDR

  • Galaxy stock pops 5% after unveiling its first tokenized CLO on Avalanche blockchain
  • A $75M onchain CLO positions Galaxy at the intersection of credit and crypto rails
  • Tokenized debt structure boosts settlement speed, transparency, and scalability
  • Institutional backing anchors Galaxy’s push into blockchain-based private credit
  • The deal signals Galaxy’s growing role in modernizing debt capital markets

Galaxy Digital moved sharply higher in Thursday’s session as the company confirmed the launch of its first tokenized collateralized loan obligation on the Avalanche blockchain. The stock closed at $28.19, marking a 5.11% gain and signaling strong momentum after the announcement.

Galaxy Digital, GLXY

The transaction introduced a new structure for private credit markets and expanded Galaxy’s presence across debt financing and digital infrastructure.

Tokenized CLO Marks a Major Expansion Step

Galaxy Digital completed the initial closing of a $75 million tokenized CLO that supports its growing lending operations. The structure uses the Avalanche blockchain for issuance and settlement and it introduces a new model for onchain credit. The deal expands Galaxy’s ability to scale loan originations within an institutional framework.

The CLO includes an anchor allocation of about $50 million from Grove, which operates within the Sky ecosystem. Grove provided the largest initial commitment and enabled a smooth launch of the structure. The CLO may increase to a $200 million limit as new loans are originated.

The offering supports an uncommitted credit facility extended to Arch Lending, which provides consumer loans secured by crypto assets. The CLO proceeds have already financed approximately $75 million in loans. Galaxy said the structure will continue to purchase loans as origination volumes grow.

Onchain Structure Enhances Efficiency and Transparency

Galaxy stated that the CLO’s debt tranches were tokenized by INX, which plans to list the tokens on its ATS trading platform. This approach creates a regulated path for secondary trading and brings familiar structures into an onchain environment. Moreover, the company emphasized the benefits of faster settlement and improved collateral efficiency.

Anchorage Digital Bank operates as the bond trustee and custodian, while also serving as collateral and administrative agent. Its Atlas Settlement Network supports real-time collateral monitoring and enables secure onchain transactions. NAV Consulting will manage fund administration throughout the lifecycle of the product.

Galaxy partnered with Accountable to provide continuous data verification for both onchain and off-chain assets. The platform offers real-time insight into loan performance and collateralization. This transparency aims to reduce information gaps that often affect credit markets.

Broader Strategy Signals Expanding Market Ambitions

The transaction aligns with Galaxy’s long-term strategy to grow its asset management and digital infrastructure divisions. The company continues to build credit structures that operate within established financial standards yet benefit from blockchain execution. Furthermore, the shift reflects rising demand for scalable lending frameworks in digital markets.

Galaxy has expanded its operations since Bitcoin’s 2024 halving reduced mining rewards and reshaped industry economics. The company secured a $460 million strategic investment in 2025 to convert its Helios campus into an AI data center hub. It has tested liquidity operations with emerging prediction markets as it evaluates broader participation in onchain ecosystems.

The debut tokenized CLO strengthens Galaxy’s role in bridging traditional credit markets with blockchain technology. It sets a blueprint for future offerings and supports a growing pipeline of structured products. As a result, the company positions itself for wider engagement across debt capital markets and digital financial systems.

The post Galaxy Digital (GLXY) Stock: Jumps 5% as Firm Launches First $75M Tokenized CLO on Avalanche Blockchain appeared first on CoinCentral.

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