[Galaxy Digital Acquires Liquid Collective Development Company] Galaxy Digital has announced the acquisition of Alluvial Finance, the former development company of the liquid staking protocol Liquid Collective, officially becoming the development company for Liquid Collective. Liquid Collective allows institutional investors to obtain tradable tokens by staking Ethereum or Solana, which can be used for operations such as trading and collateral management in DeFi applications. This acquisition will enhance Galaxy's institutional staking infrastructure and bring in Alluvial's engineering team and technology, including customizable staking management systems and developer tools, to simplify the integration process for exchanges, custodians, and asset managers. Previously, it was reported that Galaxy and Liquid Collective collaborated to provide Ethereum liquid staking services to institutions.