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Galaxy Digital Puts $100M of sUSDS Into Corporate Treasury

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Galaxy Digital has allocated $100 million of Sky Protocol’s yield-bearing sUSDS to its corporate treasury, making the token part of both its own balance sheet and its institutional lending operation. Galaxy Puts DeFi Yield on Its Balance Sheet Galaxy Digital is putting real treasury capital behind one of DeFi’s largest savings products. The Nasdaq-listed digital-asset […] Crypto Insight Analysis: Direction: Bullish sUSDS Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional adoption boosts sUSDS credibility and demand.

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