Svmuu News: Crypto financial services firm Galaxy Digital (GLXY) announced the launch of “Galaxy Curator,” an institutional-grade vault management service, built on the decentralized lending protocol Morpho and made available to over 2,400 institutional clients through Fireblocks Earn, helping them earn on-chain stablecoin yields without having to directly manage DeFi infrastructure.
Galaxy stated that the product is designed to address the issue of large amounts of stablecoins held by institutions remaining idle for extended periods. Due to settlement, fund deployment, and operational requirements, large-scale stablecoin assets often remain in custodial accounts, while direct participation in DeFi protocols presents significant technical and risk barriers. (CoinDesk)
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Galaxy Launches “Galaxy Curator,” an Institutional-Grade DeFi Vault Service
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