1 hour ago
Galaxy Digital (GLXY) Stock: Adds $100M sUSDS in Sky Protocol Partnership
TLDR Galaxy adds $100M in sUSDS to its treasury under the expanded Sky partnership. sUSDS becomes eligible collateral across Galaxy’s $1.4B institutional loan book. Clients can use sUSDS as collateral while still earning the Sky Savings Rate. Grove supplies USDS through a $500M facility supporting Galaxy loan origination. The deal deepens Galaxy’s access to Sky’s [...]
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