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Galaxy Digital Adds sUSDS to Treasury, Approves It as Institutional Loan Collateral

Guavy AI Editorial Team
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Galaxy Digital has significantly expanded its partnership with Sky Protocol by allocating $100 million of sUSDS to its corporate treasury and approving it as collateral for institutional loans.

This move makes Galaxy one of the first public companies to hold sUSDS on its balance sheet, marking a key development in the integration of decentralized finance (DeFi) assets into traditional financial workflows.

Galaxy funded the position from its own balance sheet and also acquired an undisclosed amount of SKY tokens, according to the joint announcement by Galaxy and Sky Protocol.

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