Loading...
Galaxy Digital will include $100 million USD in its corporate treasury and use it as collateral for institutional business targeting 1600 counterparties. Galaxy Digital purchases undisclosed quantities of SKY, and customers can use sUSDS as collateral for loans and receive Sky Savings Rate returns. The average loan size of Galaxy Digital's institutional lending business is about $1.4 billion, and Sky's ecosystem Prime Agent Grove has provided it with a $500 million warehouse loan limit. (Source: Bitcoin.com News)