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TL;DRGalaxy is putting a meaningful chunk of its own balance sheet into onchain credit infrastructure.The digital-asset firm has added $100 million of Sky Protocol’s yield-bearing sUSDS to its corporate treasury and approved the token as eligible collateral across its institutional trading operatio…
Galaxy has added $100 million of sUSDS to its corporate treasury and approved the token as eligible collateral across its institutional trading business, which serves more than 1,600 counterparties and carries a $1.4 billion average loan book. Collateralized positions continue accruing the Sky Savi…