Mike Novogratz: Galaxy offers commission-free Solana staking rewards through 2026

Mike Novogratz: Galaxy offers commission-free Solana staking rewards through 2026
Galaxy launches commission-free Solana staking

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.

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