Galaxy listed $4.9 billion in “cash, stablecoins and U.S. Treasuries” in its Q3 report on October 27.
Broken down, that’s about $1.325 billion in cash and cash equivalents, $812 million in stablecoins, and $2.756 billion in U.S. Treasuries.
When you see a big “cash reserves” headline, it’s worth reading the footnotes. Assets grouped in the same category may not be exactly alike in nature or how they can be used.
$GLXY.US #新人宝典：从零了解TradFi
Broken down, that’s about $1.325 billion in cash and cash equivalents, $812 million in stablecoins, and $2.756 billion in U.S. Treasuries.
When you see a big “cash reserves” headline, it’s worth reading the footnotes. Assets grouped in the same category may not be exactly alike in nature or how they can be used.
$GLXY.US #新人宝典：从零了解TradFi
