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