Galaxy, a global leader in digital assets and data center infrastructure, has onboarded with Banking Circle to expand its access to multi-currency financial infrastructure. Through Banking Circle’s platform and BC-NOW technology, Galaxy enhances its ability to facilitate efficient FX execution and settlement.
Institutional participation in digital asset markets continues to evolve, increasing demand for regulated, transparent, and efficient settlement infrastructure. Galaxy is responding by combining its deep OTC and electronic liquidity, derivatives expertise, and regulated footprint with Banking Circle’s bank-grade multi-currency accounts, direct local rails, and instant on/off ramp settlement technology.
Unlike e-money institutions (EMIs), Banking Circle operates as a fully licensed bank under CSSF supervision, providing prudential safeguards, insured deposits, and blockchain-enabled accounts for on-chain settlement. This infrastructure supports efficient movement of liquidity while maintaining strong operational and compliance standards.
“Institutional digital asset markets depend on robust banking infrastructure. By leveraging Banking Circle’s platform, we can deliver multi-currency infrastructure and yield solutions with instant settlement and confidence, setting a new benchmark for institutional execution.” – Jason Urban, Global Co-Head of Digital Assets, Galaxy.
“Our role is to provide the banking backbone for digital asset flows. With regulated multi-currency accounts and blockchain-enabled settlement, we’re enabling Galaxy to meet client expectations for speed and compliance, giving institutions the infrastructure they need for efficient trading.” – Kirit Bhatia, Chief Digital Asset Officer, Banking Circle.
For media queries, please contact:
Banking Circle
Gaya Ananda
gaya@bankingcircle.com
About Banking Circle S.A.
As a fully licensed bank, Banking Circle S.A. combines pioneering technology and the established central bank clearing system to provide ultra high-speed access to global, multi-currency instant payment schemes. Banking Circle S.A. enables payments companies and banks of any scale to seize opportunities in the new economy – quickly, at low cost. Through bespoke, flexible, scalable, and future-proof solutions, Banking Circle S.A. is enabling financial institutions to help their customers transact across borders in innovative ways.
About Galaxy:
Galaxy Digital Inc. (Nasdaq/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.6 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy’s businesses and products is available on www.galaxy.com.
