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Mike Novogratz announced that Galaxy operates one of the largest Solana validators, supporting its staking services on the Galaxy One platform.
He added that Galaxy is offering commission-free staking rewards through 2026, enabling users to retain more of their rewards. To promote the service, the company is giving $1,000 to eligible users who stake with Galaxy.
State Street previously launched SWEEP, a tokenized liquidity fund built on Galaxy infrastructure, expanding its blockchain-based offerings from $5 trillion in assets earlier this year. Novogratz also introduced the Galaxy Sharplink Onchain Yield Fund, aimed at institutional investors using major ETH treasuries in a separate announcement. These initiatives reflect Galaxy's ongoing push into digital asset services.