Galaxy Digital Puts $100M of sUSDS Into Corporate Treasury

Galaxy Digital has allocated $100 million of Sky Protocol’s yield-bearing sUSDS to its corporate treasury, making the token part of both its own balance sheet and its institutional lending operation. Galaxy Puts DeFi Yield on Its Balance Sheet Galaxy Digital is putting real treasury capital behind one of DeFi’s largest savings products. The Nasdaq-listed digital-asset […]
Key Takeaways
- Galaxy Digital has allocated $100 million of Sky Protocol’s yield-bearing sUSDS to its corporate treasury, making the token part of both its own balance sheet and its institutional lending operation.
- Galaxy Puts DeFi Yield on Its Balance Sheet Galaxy Digital is putting real treasury capital behind one of DeFi’s largest savings products.
- The Nasdaq-listed digital-asset […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi

0G Wants To Turn AI Compute Into A Financial Asset
0G has introduced a “Compute Finance” framework designed to financialize access to AI compute. Its Ascend liquid-staking product is already live, while the iAI compute-focused asset is scheduled to launch on September 29. The model is designed to let users…

Sequans Sells Final 314 BTC to Clear Corporate Debt
Sequans Communications sold its remaining 314 bitcoin, fully unwinding its crypto treasury program. The company is redirecting its strategic focus to scaling its core cellular IoT and software-defined radio semiconductor operations. Debt Elimination and…

Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage
Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level since 2007. The…