Galaxy Digital completes its first tokenized collateralized loan issuance, totaling $75 million

According to market news, Nasdaq-listed company Galaxy Digital announced the completion of the issuance of its first tokenized collateralized loan obligation "Galaxy CLO 2025-1" on the Avalanche blockchain, with a scale of $75 million. The related funds will be used to support Galaxy's lending business, including financing an uncommitted credit line provided to Arch Lending.

It is reported that Galaxy's lending team and digital infrastructure team are responsible for the structuring and tokenization of this collateralized loan obligation (CLO), while Galaxy Asset Management is responsible for the issuance and management of the collateralized loan obligation.