Max

We are one of the largest desks globally for all things crypto trading. The marketing team has done an excellent job with the website. Please reach out to me for anything Lending related. $GLXY

I’ll be joining a panel at Haynes Boone’s Crypto & Compliance Forum in New York today, May 21 focused on lending and securitization in digital asset markets. These structures are becoming more central to institutional participation, and there are still a lot of open questions around how they scale and where risk ultimately sits. Should be a strong conversation. Looking forward to being in New York and spending time at the Haynes Boone office at 30 Rockefeller Plaza. If this is relevant to your work, hope you can join us: shorturl.at/d84gg

Speaking at Wealth Management Day on May 6 in Miami 🗓 Part of @Consensus2026. A focused day on digital assets for wealth managers — wherever you are in the journey. Covering On-Chain Fixed Income: The Next Evolution in Yield for Wealth Managers. CRD required to attend. Mention my name for expedited approval → bit.ly/3POQ7If @CoinDesk

BTC just hit 7️⃣7️⃣7️⃣7️⃣7️⃣. Think it’s a sign #BTCVegas

There’s been a lot of recent discussion around ERCOT’s March 17 PGRR 145 comments. The new 830 MW $GLXY project has a requested energization date in 2028, which based on a plain reading of ERCOTs March 17 PGRR 145 comments puts it into section 9.2.1.1(1)(e) with respect to eligibility as base load not subject to restudy in batch zero. That specific section only requires (1) valid completed studies and (2) an attestation from the utility that an IA has been signed. As a reminder, we announced our interconnection study completion on January 15, 2026 and we already executed a service agreement with our utility. PGRR 145 is draft and could change from here, but nothing in it indicates a deferral.

On-chain credit is moving from fragmented, overcollateralized DeFi → institutional-grade prime infrastructure. Portfolio margining. Multi-venue collateral. Risk-managed access to on-chain liquidity. This isn’t yield chasing anymore, it’s the early stages of a new credit market stack. Read the full piece: galaxy.com/insights/persp… Cc: @galaxyhq @kenzieyangxz

@0xairtx @WojtekP Accountable = Third Party verification of hack/no hack

@WojtekP ELI5?

You can verify it (at least for our vault).

@marcryptonio Beach plum wayyy to high

The best La Croix, official ranking: S-Tier: Lime, Peach-Pear, Beach Plum A-Tier: Lemon, Pure B-Tier: Black Razzberry, Strawberry Peach, Orange C-Tier: Pasteque, Tangerine, Pamplemousse D-Tier: Berry, Razz-Cranberry, Mango, Apricot E-Tier: Passionfruit, Blackberry Cucumber, Cherry Lime, Pineapple Coconut Undrinkable: Sunshine, Mojito, Coconut, Cherry Blossom, Guava São Paulo, Limoncello, Keylime, HiBiscus! I’m sorry I don’t make the rules

“Do We Have Enough Power?” Read Galaxy Interactive’s Energy Thesis by @benjaminswald, Sam Englebardt, and me 👇🏻 galaxy.com/insights/persp…

@Franchise9494 @RHouseResearch @galaxyhq Cow is smart

@Game_Set_Max @RHouseResearch @galaxyhq I noticed. Well done. People are gonna get their socks blown off when they realize where defi/tokenization/credit is going over the next 18 months. 🐮

Nothing humbles a CLO announcement faster than ERCOT approving 830MW...

@RHouseResearch @galaxyhq *cough cough*

@Game_Set_Max They really did you dirty with the announcements on the same day 😂😂😂

Year-end crypto markets weren’t bullish or bearish — just thin. Low liquidity, de-risking flows, and cautious positioning dominated. galaxy.com/insights/persp… Cc: @galaxyhq @kenzieyangxz

Five years of building Galaxy’s trading franchise — and navigating every market moment along the way.

📉 Crypto is experiencing one of its sharpest deleveraging wipeouts since 2021: liquidity is draining, funding has turned deeply negative, and collateral quality is now more important than ever — dynamic margining is the new standard. Read more 👉 galaxy.com/insights/persp… #Crypto #DeFi #Risk

Global leader in digital assets, @galaxyhq accesses onchain liquidity through Morpho for institutional-grade borrowing. 🔹 Crypto-backed loans at competitive onchain rates 🔹 Deep 24/7 liquidity from Morpho's network of fintech integrations 🔹 Immutable markets with transparent, auditable risk parameters

@stefanvanderlux @1back24ward @galaxyhq 🫡

@1back24ward @galaxyhq @Game_Set_Max Yes

$GLXY @galaxyhq #DigitalAssetsBusiness #Lending Just identified a further Master Digital Currency Loan Agreement 🧾 with $SUI Group Holdings. Loan book is growing and growing ↗️ Congrats @Game_Set_Max

@austorms @atroll12345 @RHouseResearch and lending

@atroll12345 @RHouseResearch We aren’t in the prediction business… we’re in the business of designing and building AI data centers. And cousin, business is a-boomin’

Loved this response from Galaxy Digital's $GLXY mgmt. team on Tuesday's earnings call when asked if Galaxy was considering building their own neocloud or GPUaaS offering. I continue to be of the belief that partnering with the CoreWeave's, Oracle's, Google's, Amazon's, and Microsoft's of the world via a co-location model, whereby Galaxy acts as an outsourced service provider to the hyperscalers (by providing data center space and power), presents a greater risk-adjusted return on invested capital than potentially competing with those companies by developing your own cloud. “Do you think you can do GPU as a service… and are you thinking about it?” – Sell Side Analyst “Technically, the answer is yes, we could do that. Are we thinking about it? The answer is no…. There are really good companies, like our partner CoreWeave, who have built layers and layers of technology and Nvidia themselves who built layers and layers of technology on top of just owning raw chips, that are really value-add and really get the most out of what are increasingly complex GPU clusters, (who have) expertise that we have not invested in… and don’t have in-house… We like very much investing in long-lived infrastructure that we understand the useful life of... And so the business model (GPU as a service) – (if you) haven’t added real expertise and real value add, I think is a really challenging thing to decide to do. So we’re not thinking about it.” – Galaxy Digital CIO and President Chris Ferraro $GLXY $CRWV

Crypto rallied on rate-cut momentum, lending desks saw tighter spreads + cleaner carry — then vol reminded everyone it’s still October. Latest Galaxy Lending Monthly Color: galaxy.com/insights/persp… Cc: @kenzieyangxz