Galaxy Digital (GLXY) has launched an institutional vault curation service on the decentralized lending protocol Morpho, expanding its on‑chain finance initiatives with a product that enables clients to generate yield on idle stablecoin balances without managing DeFi infrastructure.
Dubbed Galaxy Curator, the service is accessible via Fireblocks Earn, providing the custody platform’s 2,400+ institutional clients with curated on‑chain lending strategies integrated into their existing treasury and custody workflows, according to a Thursday press release.
The launch addresses a persistent challenge for institutional crypto holders: large stablecoin balances frequently remain uninvested between settlements, deployments, and operational holds due to the complexity and risk of interacting directly with DeFi protocols.
The rollout coincides with rapid growth of professional vault curation in DeFi, as asset managers, trading firms, and fintechs race to deliver institutional‑grade on‑chain yield products. In the past year, firms such as Bitwise, Gauntlet, Steakhouse Financial, Wintermute, Dialectic, and RockawayX have launched or expanded curated vault offerings on Morpho.
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