Galaxy Digital Holdings (TSX:GLXY) has integrated Zodia Custody, a platform that is back by Standard Chartered and other big banks. The move is described as a strategic expansion into Europe as it will now be able to provide institutional access to staking.
Galaxy is a digital asset infrastructure firm that enables trading, banking, asset management, custody, staking and more. The company is headquartered in New York City but has offices in Europe and elsewhere.
Recently, Galaxy announced its intent to uplist shares from Toronto to Nasdaq. This is scheduled to take place on May 16th. Galaxy currently has a market cap of around $9 billion.
Galaxy added that the partnership with Zodia will also enable exchange traded products which could boost its services in Europe.
This new offering also lays the groundwork for future collaboration on exchange-traded products that incorporate staking and lending functionality, broadening access to digital asset products across European markets that aim to generate yield.
Galaxy’s Blockchain Infrastructure team reports that it currently manages approximately $4.2 billion in assets under stake. The integration with Zodia Custody marks Galaxy’s second collaboration with a custodian this year, following the company’s inclusion in the set of staking providers integrated with BitGo in February 2025.