Wu Blockchain has learned that Galaxy has launched an institutional on-chain financing program called GOFR, targeting institutions, high-net-worth individuals, and qualified investors, with a minimum loan size of $1 million. Galaxy integrates the floating interest rates of on-chain lending protocols like Aave, Morpho, Spark, and Kamino into a single composite rate. Clients interact directly with Galaxy as the counterparty, eliminating the need to manage wallets, private keys, or smart contracts themselves. Galaxy will allocate up to $100 million of its own funds as first-loss protection and supports clients in using native BTC directly as collateral. https://(wublock123.com)/news/galaxy-launches-institutional-onchain-financing-gofr-100m-first-loss-64596