Grove and Galaxy Digital form $500M crypto-backed lending facility
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Grove and Galaxy Digital Announce $500 Million Warehouse Lending Facility
July 15, 2026 9:00 AM EDTGrove serves as the warehouse lender, financing Galaxy's origination of institutional loans secured by digital assets.
MIAMI--(BUSINESS WIRE)-- Grove, an institutional-grade credit infrastructure protocol designed to serve as the liquidity engine of onchain finance, today announced a $500 million warehouse lending facility with Galaxy Digital. Grove serves as the warehouse lender, providing capital to finance Galaxy's origination of institutional loans secured by digital assets. The facility deepens a growing relationship between the two firms.
Grove and Galaxy warehouse facility
A warehouse facility is a credit line provided to an originator to help finance its lending... More
