Galaxy Digital Unveils Institutional Stablecoin Yield Service Through Fireblocks

Galaxy Digital has launched Galaxy Curator, an institutional vault service that lets institutions earn yield on idle stablecoins without directly managing decentralized finance infrastructure.

The service is built on the Morpho DeFi protocol and available through custody platform Fireblocks to its over 2,400 institutional clients. It aims to help institutions generate on-chain yield by investing in higher-yield assets, including Ethena-based products.

Galaxy Digital said the service was designed for stablecoins that are often left idle while awaiting settlement or pending deployment. The offering includes two strategies: the Quality Vault, which focuses on capital preservation, and the Enhanced Vault, which seeks higher returns by investing in higher-yield assets.