Galaxy joins TAC as a validator

Galaxy, a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, is officially joining TAC as its latest validator. This will be an invaluable addition to TAC’s leading cohort of global validators that help to secure the proof-of-stake (PoS) TAC network.

Galaxy is a digital asset and blockchain leader providing institutions, startups, and qualified individuals access to the crypto economy. Among its services, Galaxy partners with digital asset builders such as TAC to create infrastructure that supports the integrity of various protocols and ecosystem projects.

Institutional validators such as Galaxy will further help to expand the rapidly growing institutional inflow into the broader TAC ecosystem. In addition to Galaxy, TAC is working with Jump Crypto, Brevan Howard, and Cumberland to create a modern, transparent, and efficient financial system.

“TAC provides a bespoke infrastructure stack that is ideal for institutional onboarding. We are thrilled to have Galaxy, which is undoubtedly one of the leading institutions in crypto today, join TAC in further developing the network as a whole,” said TAC Labs co-founder and CEO.

The TAC active validators also help the blockchain to achieve a block time of just ~1 second, which is one of the fastest block times in crypto. In addition, TAC has faced zero chain halts or issues since launching its mainnet in late 2021. Organizations such as Binance, Figment and Chorus One are already helping to validate TAC.

“TAC is helping to lay the foundation for the institutional adoption of blockchain technology,” said Zane Glauber, head of Galaxy’s Strategic Opportunities group. “We’re excited to help validate the TAC network as part of our broader efforts to build a deep, diverse digital asset ecosystem.”