Galaxy Digital has expanded its partnership with Sky Protocol by adding $100 million of sUSDS stablecoins to its corporate treasury and allowing sUSDS to be used as eligible collateral across its $1.4 billion institutional loan book. This move enables Galaxy's clients to use sUSDS as collateral while still earning the Sky Savings Rate, integrating yield generation with borrowing. The partnership also deepens Galaxy's access to Sky's onchain liquidity and credit network, supported by a $500 million facility from Grove, a Prime Agent in the Sky ecosystem. This expansion strengthens Galaxy's position in tokenized financial markets and onchain capital, supporting broader institutional lending and treasury management.
Galaxy Digital's recent $100M sUSDS addition and partnership expansion is context for readers following digital asset developments. For readers following major cryptocurrencies on Pluang, 27 of 50 rose and 22 fell today. Notable moves include SNX at Rp4.598 with a 9.37% increase and EOS at Rp12.649 with an 8.13% increase, as of Sep 23, 2026 21:02 WIB.
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