Uploaded August 2026 | Updated September 2026, 3 weeks ago
The most cautious money on earth just got the keys to DeFi.
How we're taking advantage of news like this is inside
skool.com/coinpicksgenesis, link in my bio, a dollar a month.
July 14, 2026. Galaxy launched GOFR, the Galaxy Onchain Financing
Rate. In regular finance, SOFR is the benchmark that sets what
borrowing costs across the American financial system. Galaxy built
the onchain version and publishes it daily with seven and thirty day
averages.
Crypto lending already works and the rates often beat a bank. No
branch, no loan officer, no underwriting department. The code matches
a lender straight to a borrower and takes a tiny cut. But an
institution genuinely cannot use it. Wallets, private keys, smart
contracts. No pension fund is doing that.
So Galaxy built the wrapper. It pulls live rates from Aave, Morpho,
Spark and Kamino, blends them into one, and the client only ever
faces Galaxy. One counterparty, one agreement, no wallets. And Galaxy
committed up to $100 million of its own capital as first loss, meaning
their money burns before a client's is touched.
You don't post nine figures on something you think is a toy. The
question stops being whether crypto lending is safe enough for serious
money. It becomes who is willing to underwrite it, and somebody just
answered. Think about where that money lands. You already heard the
names.
Follow for the moves the news skips.
The most cautious money on earth just got the keys to DeFi.
How we're taking advantage of news like this is inside
skool.com/coinpicksgenesis, link in my bio, a dollar a month.
July 14, 2026. Galaxy launched GOFR, the Galaxy Onchain Financing
Rate. In regular finance, SOFR is the benchmark that sets what
borrowing costs across the American financial system. Galaxy built
the onchain version and publishes it daily with seven and thirty day
averages.
Crypto lending already works and the rates often beat a bank. No
branch, no loan officer, no underwriting department. The code matches
a lender straight to a borrower and takes a tiny cut. But an
institution genuinely cannot use it. Wallets, private keys, smart
contracts. No pension fund is doing that.
So Galaxy built the wrapper. It pulls live rates from Aave, Morpho,
Spark and Kamino, blends them into one, and the client only ever
faces Galaxy. One counterparty, one agreement, no wallets. And Galaxy
committed up to $100 million of its own capital as first loss, meaning
their money burns before a client's is touched.
You don't post nine figures on something you think is a toy. The
question stops being whether crypto lending is safe enough for serious
money. It becomes who is willing to underwrite it, and somebody just
answered. Think about where that money lands. You already heard the
names.
Follow for the moves the news skips.
