Galaxy Digital expands accessibility of its institutional staking platform by integrating with crypto-custody-providers Fireblocks

Galaxy Digital expands accessibility of its institutional staking platform by integrating with crypto-custody-providers Fireblocks

Galaxy Digital expanded access to the institutional staking platform by integrating with Fireblocks

Galaxy Digital, a leading company in the field of cryptocurrencies, has expanded access to its institutional stacking platform. This development takes place through a new integration with Fireblocks, a renowned provider of detention of cryptocurrency.

The integration of Fireblocks enables institutions to take part in the staking process safely and efficiently. As a result, these organizations benefit from the possibilities that staking offers, such as the generation of income from their digital assets.

Staking is an important part of blockchain technology in which users store their cryptocurrencies in the blockchain in order to validate transactions and support network security. In return, participants receive a reward that is usually carried out in the form of additional coins or tokens.

By working with Fireblocks, Galaxy Digital wants to ensure that institutions have access to first -class security solutions. Fireblocks is known for its advanced security protocols that aim to protect digital assets and minimize the risk of fraud and cyber attacks.

This integration is a significant step for Galaxy Digital in order to meet the needs of institutional investors and to help them better orient themselves in the dynamic world of cryptocurrencies. The expansion of the staking platform is another example of the commitment of Galaxy Digital to offer innovative solutions for professional investors.

With this measure, Galaxy Digital positions itself as a pioneer in the industry and contributes to the further spread and acceptance of cryptocurrencies in the institutional environment.