Galaxy Digital Holdings Ltd., led by Michael Novogratz, has partnered with Zodia Custody to expand its staking services into the European market. This collaboration aims to bolster institutional participation in staking, providing secure and compliant access to staked assets. The partnership between Galaxy, a prominent digital asset institution, and Zodia Custody, backed by major banks like Standard Chartered, will offer advanced staking solutions to European institutions. This move increases market liquidity for assets like Ethereum. Furthermore, it allows clients to use staked assets as collateral, enhancing financial products offered through Galaxy’s trading desk. Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., highlights the benefits of this partnership, stating: ‘Institutional investors can now unlock the full potential of secure and efficient staking to maximize rewards and have access to liquidity.’