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Sky Protocol Partners with Galaxy Digital to Enhance Lending and Capital Markets.
Sky Protocol and Galaxy Digital have announced a strategic partnership to deepen Galaxy's use of Sky's savings token and expand onchain credit for institutional clients. Galaxy has added $100 million of sUSDS to its corporate treasury, marking a significant evolution in their financial collaboration.
Company Information
Company
Sky Protocol
Location
Cayman Islands
About
Sky Protocol is the largest onchain capital allocator, serving the growing demand for onchain savings and lending. The platform provides a unique savings token, sUSDS, that allows clients to earn attractive rates while leveraging their digital assets for loans. Sky Protocol has rapidly scaled up its operations, enabling institutional clients to access onchain liquidity. Its partnership with Galaxy Digital signifies a notable connection between traditional finance and onchain capital.
Predictive Intelligence
Strategic
ML-powered predictions for Sky Protocol's next move
Cayman IslandsFinancial ServicesFinanceFintechLending