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

BlockBeats News, December 5th, Galaxy Digital announced the acquisition of the development firm Alluvial Finance from Liquid Collective, becoming the new development arm of Liquid Collective. The specific acquisition amount was not disclosed. Galaxy stated that this acquisition advances its goal of providing end-to-end services for on-chain operations. Galaxy assumes full responsibility for the development and maintenance of the protocol, and the company has begun integrating Alluvial's engineering team and tech stack. Liquid Collective will continue to operate 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, Liquid Collective's Total Value Locked (TVL) had doubled to around $1 billion. In June 2025, Galaxy and Liquid Collective initiated a strategic partnership. Shortly after announcing the partnership, Liquid Collective introduced Liquid Staked SOL (LsSOL).