Galaxy targets institutional stablecoin yield with new DeFi vaults
Galaxy has launched 'Galaxy Curator,' a service providing institutional clients access to curated DeFi yield strategies through Fireblocks. The move aims to simplify the process for institutional investors to earn yield on stablecoin holdings while managing risk.
Why it matters
This reflects the growing trend of traditional financial institutions integrating decentralized finance tools into their treasury management workflows.
The offering, called Galaxy Curator, is available through Fireblocks Earn, giving the custody platform's more than 2,400 institutional clients access to curated onchain lending strategies from within their existing treasury and custody workflows, the company said in a press release Thursday.
The article covers industry developments in finance and crypto without taking a stance on the technology.
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