Galaxy targets institutional stablecoin yield with new DeFi vaults

CoinDesk·

Galaxy targets institutional stablecoin yield with new DeFi vaults

60-second summary

Galaxy is launching Galaxy Curator, a Morpho-based platform offering onchain yield strategies to Fireblocks' 2,400 institutional clients. This move targets institutional stablecoin yield, expanding Galaxy's DeFi offerings. The platform leverages Galaxy's expertise and Fireblocks' network, providing clients with diversified yield opportunities. The institutional-grade stablecoin yield market is expected to grow significantly.

The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.