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Sky reports $30.8M revenue as Galaxy adds $100M sUSDS and burns begin

By Lawrence Mondal

Sky has reported $30.8 million in September gross revenue and its first 2.86 million SKY token burn, alongside Galaxy’s $100 million sUSDS treasury allocation. Sky Frontier Foundation’s September financial and operational update put total stablecoin supply at $9.70 billion and…

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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