Galaxy launches GOFR crypto borrowing product blending Aave, Morpho and other DeFi rates

Galaxy has launched a new crypto borrowing product called GOFR, which blends lending rates from multiple decentralised finance protocols including Aave and Morpho. Galaxy will act as the sole intermediary between accredited borrowers and the blockchain-based lending protocols. The product is designed to give institutional clients access to competitive DeFi borrowing rates.