Galaxy Digital has launched a $75 million tokenized Collateralized Loan Obligation (CLO) on Avalanche. According to reports, the CLO is intended to provide financing for Arch Lending’s crypto-backed lending facility. The development represents a move to integrate traditional financial instruments with blockchain technology. Tokenized CLOs can offer increased transparency and efficiency compared to traditional CLOs, potentially attracting a broader range of investors to the crypto lending space. The launch indicates growing institutional interest in leveraging blockchain for structured finance products.

Galaxy Digital has launched a $75 million tokenized Collateralized Loan Obligation (CLO) on Avalanche. According to reports, the CLO is intended to provide financing for Arch Lending’s crypto-backed lending facility. The development represents a move to integrate traditional financial instruments with blockchain technology. Tokenized CLOs can offer increased transparency and efficiency compared to traditional CLOs, potentially attracting a broader range of investors to the crypto lending space. The launch indicates growing institutional interest in leveraging blockchain for structured finance products.