TLDR

Galaxy Digital has acquired $34.4 million worth of XRP, marking the first time the token appears in its portfolio.
The company holds 15.39 million XRP, which has a historical cost basis of $33.6 million and was purchased at $2.18 per token.
As of June 2025, Galaxy Digital’s XRP holdings peaked at $56.31 million when the token reached $3.66.
The company’s total digital asset holdings increased to $3.56 billion by the end of Q2 2025.
Bitcoin remains the largest position in Galaxy Digital’s portfolio, valued at approximately $1.95 billion.

Galaxy Digital has confirmed a notable expansion in its crypto portfolio, as revealed in its latest SEC filing. The firm now holds $34.4 million in XRP, marking its first-ever inclusion of the token. This comes as part of its financial report for the second quarter of 2025, highlighting significant growth in digital asset holdings.

This filing reflects a significant shift in Galaxy Digital’s crypto strategy. XRP, which was absent in its December 2024 holdings, now appears prominently in the firm’s portfolio. The company’s move into XRP follows the token’s price performance, reflecting potential growth in the sector.

XRP Joins Galaxy Digital’s Portfolio for the First Time

In a major development, Galaxy Digital has added XRP to its asset mix. The company acquired 15.39 million XRP by the end of June 2025, valued at $34.4 million. This marks a sharp contrast to the previous quarter when XRP was not part of its holdings.

Galaxy’s decision to enter the XRP market is significant, with its XRP purchase coming at a historical cost basis of $33.6 million. This suggests that the firm acquired the tokens at $2.18 per XRP. At the end of June, XRP price had risen, reaching $3.66 in July, peaking Galaxy’s holdings at $56.31 million.

However, by the time of the filing, XRP’s market price had dropped to $2.93. Despite this, Galaxy Digital’s XRP holdings still remain valued at around $45 million. This highlights the firm’s strategic positioning in the digital assets market and its ability to capitalize on crypto asset movements.

Bitcoin Leads Galaxy Digital’s Crypto Holdings

Despite the addition of XRP, Bitcoin remains the cornerstone of Galaxy Digital’s portfolio. Between Q1 and Q2 of 2025, the firm significantly increased its Bitcoin holdings from 13,704 BTC to 17,102 BTC, a total of 4,272 BTC, which is a testament to Galaxy’s commitment to the top-performing cryptocurrency.

At current market rates, Galaxy’s Bitcoin holdings are worth approximately $1.95 billion, making Bitcoin the largest asset in Galaxy Digital’s portfolio. Other significant holdings include Ethereum, Solana, and USDC, which are valued at $225 million, $170 million, and $263 million, respectively.

Galaxy Digital’s total digital asset holdings surged to $3.56 billion by the end of Q2 2025, a noticeable increase from the $2.93 billion reported at the end of 2024. The firm continues to diversify its portfolio, with a strong focus on high-performing digital assets such as Bitcoin and Ethereum.

DeFi and Other Strategic Investments Drive Growth

Galaxy Digital’s diversification extends beyond traditional assets like Bitcoin and XRP. The company’s filing revealed that 34% of its digital assets are linked to Coinbase, 15% to Aave, and 13% to Kamino. These investments reflect the firm’s strategic push into decentralized finance (DeFi) protocols, which continue to grow in importance.

The company’s DeFi exposure has shifted from a focus on Sky DAO and MakerDAO in the last quarter of 2024. This adjustment indicates Galaxy Digital’s focus on expanding its presence in the emerging DeFi sector. With rising interest in decentralized platforms, these assets could contribute to further growth in the firm’s digital portfolio.

The post From Loss to Profit: Galaxy Digital’s Bold XRP Bet Pays Off appeared first on CoinCentral.

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Filed under: News - @ August 6, 2025 5:11 pm