Paxos Labs Launches Gold Token That Can Earn A Return In Gold

Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:** […]

Galaxy Digital Puts $100M of sUSDS Into Corporate Treasury

Galaxy Digital has allocated $100 million of Sky Protocol’s yield-bearing sUSDS to its corporate treasury, making the token part of both its own balance sheet and its institutional lending operation. Galaxy Puts DeFi Yield on Its Balance Sheet Galaxy Digital is putting real treasury capital behind one of DeFi’s largest savings products. The Nasdaq-listed digital-asset […]