📢 𝗝𝗨𝗦𝗧 𝗜𝗡: K3 Capital Launches $30 Million

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: K3 Capital Launches $30 Million Onchain Credit Facility for $Galaxy Digital(GLXY.US) Galaxy on Monad

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗞𝟯 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 extends an onchain credit facility to 𝗚𝗮𝗹𝗮𝘅𝘆.

➤ Facility launches fully subscribed with 𝗦𝟯𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in committed capital.

➤ Additional capacity targets 𝗦𝟭𝟬𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in total deposits.

➤ Facility is denominated in 𝗔𝗨𝗦𝗗 and deployed on 𝗠𝗼𝗻𝗮𝗱.

➤ Accountable provides continuous onchain verification of capital and interest activity.

➤ Each loan carries a 𝟵𝟬-𝗱𝗮𝘆 maturity and remains rollable.

➤ Up to 𝟯𝟬% of principal qualifies for monthly redemption.

➤ Galaxy reported 𝗦𝟮.𝟴 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in equity at March-end.

➤ Galaxy held 𝗦𝟮.𝟲 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in cash and stablecoins.

➤ Vault positions remain composable across 𝗠𝗼𝗻𝗮𝗱-based DeFi protocols.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Brings institutional credit activity onto transparent 𝗗𝗲𝗙𝗶 infrastructure.

➤ Gives allocators continuous visibility into deployment, interest, and repayments.

➤ Galaxy’s public disclosures may reduce institutional counterparty uncertainty.

➤ Composable vault tokens can improve liquidity and yield-management flexibility.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗪𝗼𝗷𝘁𝗲𝗸 𝗣𝗮𝘄𝗹𝗼𝘄𝘀𝗸𝗶, Co-founder and CEO of Accountable:

"With this vault, K3 Capital extends a structured credit line to Galaxy, fully deployed and verifiable onchain on Monad. Our Vault-as-a-Service gives operators like K3 the flexibility to configure credit products to their specific requirements, while the Data Verification Network provides independent, continuous proof of capital deployment and facility activity for the facility lifetime,"

𝗞𝗶𝗿𝗶𝗹 𝗡𝗶𝗸𝗼𝗹𝗼𝘃, Founder of K3 Capital:

“Traditional credit products run better on DeFi rails. DeFi composability allows users to derive further utility – whether it is locking their yield on Pendle or borrowing against their vault shares, there is always something to do,”