Tagged: sky

Ondo Finance, BlackRock, Securitize Suggest OUSG for Sky’s Tokenization Push

Ondo Finance, working alongside BlackRock (NYSE: BLK) and Securitize, (NYSE: SECZ) has put forward its tokenized US Treasuries product, OUSG, as a candidate for Sky’s Spark Tokenization Grand Prix. The initiative, run by the protocol formerly known as MakerDAO, seeks to bring roughly $1 billion… Read More

Galaxy Digital Adds $100M of Sky’s sUSDS to Treasury and Opens It as Institutional Collateral

Galaxy Digital (NASDAQ: GLXY) has placed $100 million of Sky Protocol’s yield-bearing savings token, sUSDS, onto its corporate balance sheet and opened the asset as eligible collateral across its institutional trading and lending platform. The allocation was funded from Galaxy’s own cash and stablecoin reserves,… Read More

Standard Chartered Sees DeFi Protocol SKY Token Surging 5x by End of 2028

Standard Chartered (LON: STAN) has opened coverage of Sky, the DeFi protocol formerly known as MakerDAO, with a long-dated bullish view on its governance token. Geoffrey Kendrick, the bank’s global head of digital assets research, put an end-2028 target of $0.325 on SKY—about five times… Read More

Stablecoins, Circle IPO, Chinese Quantum Breakthrough, and the Middle East: Web3 Thoughts of the Week

Stablecoins, Circle’s IPO, China’s quantum progress, and Middle East tensions caught the Web3 community’s attention this week. What do Circle’s IPO and the GENIUS Act mean for decentralized crypto? “Early investors in Circle will no doubt be thrilled by the stablecoin provider’s share price performance… Read More

Phoenix Labs CEO Comments on Potential of Euro backed Stablecoins in 2025

With Bitcoin price surpassing $100K, it’s arguable that 2025 is starting strong for the crypto industry. Regulatory developments in Hong Kong and the United Kingdom, combined with regime change in the United States, could set the stage for more institutional and mainstream adoption of stablecoins…. Read More

MakerDAO Rebrands as Sky

Alexander Hamilton Money Dollars USD

DeFi firm MakerDAO has rebranded as Sky. In a release, Sky indicated that SubDAOs will now become “Sky Stars.” Sky has also released its new stablecoin, USDS, pegged to the US dollar. A New Sky.money website and app are expected to launch to provide a… Read More

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