Galaxy Digital has acquired Alluvial Finance, becoming the Development Company for Liquid Collective to enhance its institutional liquid staking solutions.

Target Company Overview

Galaxy Digital Inc. has acquired Alluvial Finance, a company that was previously the development organization behind Liquid Collective, a leading liquid staking protocol. This acquisition strengthens Galaxy's institutional staking infrastructure and enhances its capabilities in the rapidly evolving digital assets market. Liquid Collective, having launched in 2023 in partnership with Alluvial, is recognized for providing institutional investors with staking opportunities while enabling the use of staked assets in decentralized finance (DeFi) applications. With the acquisition, Galaxy aims to ensure that Liquid Collective continues to grow and innovate in the liquid staking space.

Industry Overview

The digital assets industry is experiencing significant growth, particularly in the segment of liquid staking, which allows participants to earn staking rewards while maintaining liquidity. This capability has drawn increasing interest from institutional investors seeking to balance their portfolios with cryptocurrency exposure. Liquid Collective serves as a cornerstone for this burgeoning sector by providing robust solutions that meet institutional requirements.

In the United States, where Galaxy operates, regulatory clarity surrounding digital assets is gradually improving. This trend fosters an environment conducive to institutional participation and