invest2 publishers
Galaxy's $100 million sUSDS stake is a fifth of the credit line Sky's Grove extends to it
Galaxy Digital moved $100 million, about 4% of its cash and stablecoins, into Sky's sUSDS and opened the token as loan collateral. Galaxy already borrows from Sky's lending agents, so the purchase deepens a funding tie with its own creditor.
Reality
- Evidence55
- Adoption50
- Hype gap+10
- Incentives75
- Confidence60