Galaxy Digital Grows Liquid Collective, Aiming at Institutional Staking

Acquisition Impact: Galaxy Digital's acquisition of Alluvial has significantly increased Liquid Collective's assets to approximately $1B, enhancing its role in institutional liquid staking for Ethereum and Solana.

Institutional Participation: The move is expected to strengthen institutional participation in liquid staking, providing a secure and compliant environment for institutions, as emphasized by Liquid Collective's CEO, Chris Matta.

Market Implications: This acquisition is anticipated to have extensive implications for the staking industry, potentially affecting exchanges, custodians, and asset managers while encouraging broader market participation.

Future Prospects: Analysts predict that the combination of Liquid Collective's infrastructure and Galaxy Digital's resources will boost institutional adoption and set industry standards, positioning Galaxy Digital as a key player in shaping future trends in liquid staking.