💫Private Credit (Galaxy Digital)
Learn more about our private credit vaults featuring Galaxy Digital lending products
Summary
This opportunity provides investors access to a private credit yields via lending to a subsidiary of Galaxy Digital Inc, Galaxy Trading Asia Limited ("Galaxy Asia"), who has operations around the world and is well connected in the digital asset and blockchain ecosystem.
The investment vehicle is an unsecured private placement loan to Galaxy Asia. The loan is bilaterally negotiated between Galaxy Asia and OpenTrade SPC, maximizing the benefit to clients.
Galaxy Asia's primary revenue stream is from digital assets operations, which is the primary use of proceeds for the loan. The private placements are available at pre-defined fixed terms with fixed rates.
Vault Name(s)
Private Credit (Galaxy Digital) - 7/30/90 Days
Token Symbol
XPCG7 (7 Day Term), XPCG30 (30 Day Term), XPCG90 (90 Day Term)
Eligible Collateral
Unsecured Loans to Galaxy Trading Asia Limited ("Galaxy Asia")
Stablecoins Accepted
USDC
Networks Supported
Avalanche
Investments
Anytime, vault tokens minted immediately
Withdrawals
Anytime, repaid after withdrawal processing period (7/30/90 Days)
Minimum Investment
100,000 USDC
Term / Lockup
7/30/90 Days
Fees
50 bps per annum, deducted from the gross yield generated on the underlying collateral
Interest Accrual
Fixed APY, interest payable at the end of the term
Indicative Interest Rate
Not applicable
Exchange Rate Method
Daily compounding rate based on Fixed APY
Legal Structure
Leverages the same institutional grade legal framework, bankruptcy remote structure, and regulated service providers and counter-parties as our other OpenTrade Treasury Management & Yield Products
More Information on Galaxy Digital
Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, providing a comprehensive suite of financial services to institutional clients, including trading, asset management, investment banking, and digital infrastructure solutions. The company is headquartered in New York and employs over 510 professionals worldwide, with a strong presence in both North America and Asia.
Publicly Traded & Listed
Galaxy Digital Inc. is publicly listed on the Toronto Stock Exchange (TSX: GLXY) and Nasdaq Global Select Market (NASDAQ: GLXY). This ensures transparency, regulatory oversight, and regular financial disclosures.
Strong Financial Performance
For the full year 2024, Galaxy reported net income of $365 million, with $174 million in Q4 alone. The company expects to generate approximately $4.5 billion in revenue over 15 years through a lease agreement with CoreWeave, delivering critical IT load to host CoreWeave's Al and HPC infrastructure at Galaxy's Helios Data Center.
Robust Balance Sheet
As of Q1 2025 filings, Galaxy Digital reported total assets of approximately $6.34 bn and liabilities of $4.43 bn, resulting in a moderate debt-to-asset ratio of c. 0.7. With just over $1.9 bn in equity, the company maintains a substantial buffer to absorb losses and support ongoing operations.
Institutional Trust
Galaxy is a popular counterparty of choice for institutional investors, offering market leading trading, lending, and custody solutions. Galaxy Trading Asia Limited is a wholly owned subsidiary of Galaxy Digital Inc., registered and operating in Hong Kong, a major global financial center with a robust regulatory environment. It serves as the regional hub for Galaxy's trading and digital asset activities in Asia. Galaxy Asia benefits from the financial strength, operational expertise, and global reputation of its parent company.
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