🚨 News | Galaxy adds $100 million of sUSDS to company treasury
According to The Block, Galaxy Digital added $100 million worth of sUSDS from Sky Protocol to the company treasury using its own funds.
It also adopted sUSDS as collateral for institutional trading, with an average loan amount of around $1.4 billion, and it also purchased an undisclosed quantity of the SKY token.
📌 Cipher Vault: a step that boosts the use of sUSDS in institutional transactions.
⚠️ This is not financial advice or financial consulting, and not a buy or sell.
#SKY #sUSDS #DeFi #Crypto
According to The Block, Galaxy Digital added $100 million worth of sUSDS from Sky Protocol to the company treasury using its own funds.
It also adopted sUSDS as collateral for institutional trading, with an average loan amount of around $1.4 billion, and it also purchased an undisclosed quantity of the SKY token.
📌 Cipher Vault: a step that boosts the use of sUSDS in institutional transactions.
⚠️ This is not financial advice or financial consulting, and not a buy or sell.
#SKY #sUSDS #DeFi #Crypto