Galaxy Digital Adds $100 Million in sUSDS to Corporate Treasury as Institutional Collateral

Nasdaq-listed digital asset firm Galaxy Digital has integrated $100 million of Sky Protocol's yield-bearing token sUSDS into its corporate treasury. The firm will also accept sUSDS as collateral for its institutional lending business, which serves over 1,600 counterparties. Galaxy also acquired an undisclosed amount of SKY tokens. Clients can use sUSDS as loan collateral while continuing to earn the Sky Savings Rate. Galaxy's institutional lending business maintains an average loan size of approximately $1.4 billion, supported by a $500 million warehouse lending facility from the Sky ecosystem's Prime Agent Grove.