Galaxy adds $100M Sky token and institutional adoption is tested

- Galaxy Digital just parked $100M in Sky’s sUSDS savings token, turning institutional "aggressive passive income" into a collateral feature. You can now borrow against your yield while keeping the yield—mathematically elegant, legally questionable, and perfectly timed for regulators who think "smart contract" is a type of yoga pose. No actual client loans are disclosed yet, so this is mostly Galaxy flexing its balance sheet while we wait to see if anyone actually uses it. Until then, it’s just another meat wallet holding bag waiting for a rate change. Where's my cut?