Galaxy Digital Partners with BitGo for Crypto Staking Amid Legal Dispute
- Galaxy Digital manages over $4 billion in staked crypto assets.
- BitGo filed a $100 million lawsuit against Galaxy in early 2023.
- The partnership allows BitGo clients to earn staking rewards and use assets as collateral on Galaxy’s platform.
- Galaxy acquired blockchain node operator CryptoManufaktur in July of last year.
- Zane Glauber is the head of Galaxy’s Blockchain Infrastructure team.
Despite a $100 million lawsuit, Galaxy Digital and BitGo have formed a partnership, enabling BitGo’s institutional clients to access over $4 billion in staked assets and utilize them as collateral through Galaxy’s services.
Source (2.6)https://www.coindesk.com/business/2025/02/04/galaxy-and-bitgo-buddy-up-for-crypto-staking-despite-legal-spat?rand=52298
