📰 Latest SKY Developments
🏦 Galaxy Digital adds $100M in sUSDS
Sky Protocol announced a strategic partnership with Galaxy Digital, which added $100 million of sUSDS to its corporate balance sheet, approved sUSDS as collateral for institutional trading, and acquired an undisclosed amount of SKY.
💰 Sky introduces token buyback allocation
Recent reporting indicates Sky Protocol is allocating 5% of net surplus toward SKY token buybacks, adding a new token-economics component that traders are watching.
🏛️ Institutional interest increases
S&P Global affirmed Sky Protocol's B- rating with a stable outlook on October 1, while recent institutional activity has brought additional attention to Sky's stablecoin and lending ecosystem.
#sky #SkyProtocol
🏦 Galaxy Digital adds $100M in sUSDS
Sky Protocol announced a strategic partnership with Galaxy Digital, which added $100 million of sUSDS to its corporate balance sheet, approved sUSDS as collateral for institutional trading, and acquired an undisclosed amount of SKY.
💰 Sky introduces token buyback allocation
Recent reporting indicates Sky Protocol is allocating 5% of net surplus toward SKY token buybacks, adding a new token-economics component that traders are watching.
🏛️ Institutional interest increases
S&P Global affirmed Sky Protocol's B- rating with a stable outlook on October 1, while recent institutional activity has brought additional attention to Sky's stablecoin and lending ecosystem.
#sky #SkyProtocol
