SkyEcosystem Launches $500M Lending Facility for Institutional Digital-Asset Loans
- —Facility size is $500 million, collateralized by digital assets
- —Partners include Grove and Galaxy, using the Sky Protocol
- —Goal is to expand USDS liquidity for institutional lending
Why it matters: Growing institutional crypto lending broadens demand for USDS and deepens ties between DeFi and traditional finance.
Source: Coinfomania