TechFlow news, December 4 — Galaxy Digital has disclosed that it has acquired Alluvial Finance, a developer of staking platforms, becoming the developer of Liquid Collective, an institutional-grade liquid staking protocol.
Through this acquisition, Galaxy will take full responsibility for the development and maintenance of the Liquid Collective protocol and gain access to Alluvial’s on-chain engineers and technology, including customizable staking management systems and developer tools. Liquid Collective will continue to operate independently under the governance of The Liquid Foundation, which plans to invite more institutional stakeholders to participate in the oversight and development of the protocol.
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