K3 Capital Provides $30 Million On-Chain Credit to Galaxy Through Accountable Platform

According to Foresight News, K3 Capital has extended $30 million in on-chain credit to Galaxy (GLXY) through the Accountable platform on Monad, denominated in AUSD stablecoin. The initial $30 million commitment is fully subscribed, with the goal of raising up to $100 million as LPs join the vault. Individual loans carry a 90-day term and are renewable, with a maximum monthly redemption rate of 30% of principal. Accountable stated this marks the first on-chain credit arrangement extended to a publicly listed company with full regulatory disclosure obligations.
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