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Galaxy Gets $30M On-Chain Credit Facility from K3 Capital

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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.

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