SkyEcosystem Links Galaxy to Broader Capital Network via Spark Finance
- —Galaxy secured financing through Spark Finance under the SkyEcosystem partnership
- —The partnership supports the Galaxy Onchain Financing Rate (GOFR)
- —The move diversifies funding sources for Galaxy's institutional clients
- —The initiative could boost onchain financing liquidity across the market
Why it matters: Growing onchain lending by major institutions deepens DeFi liquidity and steps up competition with traditional financing.
Source: Coinfomania