Galaxy Digital (GLXY) has launched an institutional vault curation business on decentralized lending protocol Morpho, expanding its efforts into onchain financing with a product designed to help customers earn returns on idle stablecoin balances without managing decentralized finance (DeFi) infrastructure themselves.
The offering, called Galaxy Curator, is available through Fireblocks Earn, giving the custody platform’s more than 2,400 institutional clients access to curated onchain lending strategies from their existing treasury and custody workflows, the company said in a press release Thursday.
The launch targets a long-standing challenge for institutional crypto holders. Large stablecoin balances often remain uninvested between settlements, deployments and operational holds due to the complexity and risk associated with direct interaction with decentralized finance protocols.
The rollout comes as professional vault curation has emerged as one of the fastest-growing segments in DeFi, with asset managers, trading firms and fintechs racing to package institutional-grade onchain dividend products. Over the past year, firms including Bitwise, Gauntlet, Steakhouse Financial, Wintermute, Dialectic and RockawayX have launched or expanded select vault offerings on Morpho.
