K3 Capital Provides Galaxy $30M On-Chain Credit Line via Accountable

K3 Capital extends a $30M AUSD-denominated credit facility to publicly listed Galaxy through Accountable on Monad, targeting $100M total with full on-chain transparency.

Woofun AI reports that K3 Capital has established a $30 million on-chain credit line for Galaxy (Nasdaq: GLXY) using Accountable’s treasury infrastructure on the Monad network. The facility is denominated in AUSD stablecoin and begins with a fully subscribed $30 million allocation, with plans to expand toward a $100 million target as additional liquidity providers participate. Loan terms are set at 90 days with renewable options, permitting monthly principal redemptions of up to 30%. Accountable highlighted that this marks the first instance of such on-chain credit arrangements being offered to a publicly listed company subject to full regulatory disclosure. As of March 31, 2026, Galaxy reported total equity of approximately $2.8 billion and cash plus stablecoin holdings of around $2.6 billion.