Galaxy Digital Expands its European Parking Services with an Alliance Together with Zodia Custody - Crypto Economy ESP

Key points of the news: Galaxy Digital integrated Zodia Custody and will allow institutions to receive rewards for stacking without giving up the custody of their assets. The alliance seeks to create financial products that combine stacking, loans and yields under European regulatory frameworks. Galaxy Digital manages $5,000M in staked assets and finalizes its Nasdaq debut to expand its reach in traditional markets. Galaxy Digital expanded its s…

The alliance will allow both entities to offer stacking services to institutions in Europe, which would expand the reach of Galaxy Digital products on that continent. *** Galaxy Digital will offer a stacking model that maintains safe custody of assets in alliance with Zodia Custody. Both companies plan to integrate financial products with stacking and lending functions. Galaxy already manages stacking assets for $4.2 billion, including an import…