Wu Says learned that Galaxy has launched an institutional on-chain financing plan GOFR, targeting institutions, high-net-worth individuals, and eligible investors, with a minimum loan size of $1 million. Galaxy will integrate the variable interest rates from on-chain lending protocols such as Aave, Morpho, Spark, and Kamino into a single composite rate. Customers will transact directly with Galaxy as the counterparty, without needing to manage their own wallets, private keys, or smart contracts. Galaxy will contribute up to $100 million of its own funds as first-loss protection, and will support customers using native BTC directly as collateral.