CM|Mar 25, 2026 13:02
Sky received investment from Tether, or rather, in a way similar to DAT companies. Originally a pharmaceutical company, NBY transitioned into a stablecoin development company, raising $130 million through PIPE and purchasing SKY tokens. Among the investors is Tether, and of course, Framework, which has always been a strong supporter of SKY.
This funding has been used to purchase over 2 billion SKY tokens (accounting for 8.78% of the total supply).
DeFi infrastructure is starting to be embraced by traditional markets.
Sky, Spark, USDS
Just beginning
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