Sky Protocol and Galaxy Digital Announce Strategic Partnership Across Lending and Capital Markets
Why now
Thesis: First public balance-sheet sUSDS holding
Catalyst to watch: Other treasuries following suit
Main risk: Token or protocol risk materializes
Why it matters
A public company holding tokenized treasury collateral signals institutional acceptance of onchain credit.
Details
Galaxy adds sUSDS to its corporate treasury and approves it as institutional loan collateral, alongside a purchase of SKY; making Galaxy the first public company to hold sUSDS on its balance sheet. CAYMAN ISLANDS, Sept. 23, 2026 /PRNewswire/ -- Sky Protocol, the largest onchain capital...
Sources
- prnewswire · 2026-09-23 13:13 UTC