Galaxy Gets $30M On-Chain Credit Facility from K3 Capital
K3 Capital, an investment firm specializing in DeFi strategies, has launched an on-chain credit facility for Galaxy through Accountable's blockchain verification platform infrastructure.
The product is available on the Monad blockchain and has already attracted $30 million in committed capital.
The companies plan to expand the facility to $100 million as new liquidity providers complete onboarding.