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Galaxy Digital Acquires Institutional-Grade Liquidity Pooling Protocol Liquid Collective Developer

2025.12.05 16:24:15

Galaxy Digital announced on December 5 that it has acquired development firm Alluvial Finance from Liquid Collective, becoming Liquid Collective’s new development arm. Financial terms of the acquisition were not disclosed. Galaxy noted the deal advances its goal of providing end-to-end services for on-chain operations. The firm will take full responsibility for protocol development and maintenance, and has already begun integrating Alluvial’s engineering team and tech stack. Liquid Collective will continue operating independently under the leadership of the Liquid Foundation. Liquid Collective, which partnered with Alluvial in 2023, launched an institutional-grade liquidity staking protocol. By 2025, its Total Value Locked (TVL) had doubled to roughly $1 billion. In June 2025, Galaxy and Liquid Collective entered a strategic partnership. Shortly after that announcement, Liquid Collective rolled out Liquid Staked SOL (LsSOL).
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