Sky Ecosystem Recap Cites Two October Credit Assessments

Sky Ecosystem’s October recap listed two credit assessments conducted during the month and ongoing institutional discussions spanning Singapore and CoinAlts.

The recap also mentioned third-quarter net revenue of $37.19 million. Sky’s Q3 results showed that figure was up 11.8% from the second quarter and marked the ecosystem’s sixth consecutive quarter with positive net revenue, details covered in the Q3 results.

The recap also referred to a second SKY burn. The burn destroyed 7.37 million SKY tokens, as detailed in coverage of the burn.