Institutional Use of Sky Protocol Deepens in Q3 as Net Revenue Rises 11.8% and Galaxy Adds $100M of sUSDS to Its Balance Sheet

Galaxy Digital's direct balance sheet allocation of $100M into sUSDS validates yield-bearing decentralized stablecoin wrappers as a viable treasury management asset class. This signals growing institutional comfort with decentralized monetary protocols over traditional corporate cash equivalents during rate-easing cycles.