Galaxy Curation expands to Solana with two new vaults on Kamino
Summary
Galaxy Curation has announced its expansion to Solana by launching two institutional vaults—Galaxy USDC and Galaxy USDT—on the Kamino platform, which is noted as the largest credit protocol on Solana. This expansion brings Galaxy's established institutional risk framework, including collateral standards and exposure limits used in its OTC trading and lending operations, to the Solana blockchain. The Galaxy USDC Vault will also benefit from additional distribution through Kamino's integration with Yield.xyz, enhancing its accessibility to a wider audience. This move builds upon Galaxy Curation's initial launch earlier this year, aimed at providing on-chain yield opportunities for institutions.
Tokens
$USDC$USDT
Analysis
Kamino: Kamino is the largest credit protocol on Solana, providing infrastructure for credit markets and real-world asset lending with an emphasis on security and open-source design. It supports institutional participants through its vault architecture, allowing external managers to deploy customized yield strategies directly onchain. Galaxy is using this platform to launch its first Solana-based vaults. Galaxy USDC: Galaxy USDC is a moderate-risk vault strategy on Kamino that applies Galaxy's institutional risk framework to USDC deposits, emphasizing higher yield through expanded collateral exposure and broader market participation. It is built on Kamino's architecture and extends distribution via an integration with Yield.xyz. This marks one of the first onchain products bringing Galaxy's lending standards to Solana. Galaxy USDT: Galaxy USDT is a moderate-risk vault strategy on Kamino focused on capital preservation through selective market exposure and allocation across established lending venues. It incorporates the same institutional risk standards that govern Galaxy's OTC and lending business. The vault is part of the initial launch of Galaxy Curation's Solana expansion. Galaxy Curation: Galaxy Curation is Galaxy Digital's institutional vault curation offering designed to bring onchain yield access to institutions using established risk standards from its OTC trading and lending operations. It initially launched in July with distribution through Fireblocks Earn and is now extending the same collateral standards, exposure limits, and market monitoring to additional blockchain ecosystems. The service enables institutions to participate in onchain markets without modifying their existing operational approaches. Blockchain Expansion: Galaxy Curation is extending its institutional vault curation from its initial ecosystem to Solana through Kamino. Distribution Channels: The Galaxy USDC Vault gains additional reach through Kamino's integration with Yield.xyz. Institutional Framework: The same collateral standards, exposure limits, and monitoring used in Galaxy's OTC trading and lending are now applied to onchain vaults on Solana.
Categories
solanacryptotechrwadefidats