Sky deploys $1 billion and generates hundreds of millions in profit, Jacquelyn Melinek notes

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Sky posts profit, $1B USDS deployed

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Hanna Syniavska

10.04.2026

Sky deploys $1 billion and generates hundreds of millions in profit, Jacquelyn Melinek notes — Sky posts profit, $1B USDS deployed

In a recent interview, Jacquelyn Melinek spoke with the founder of Sky about the team's evolution from its MakerDAO roots to becoming a major crypto player. Sky is now among the few large crypto teams generating hundreds of millions in revenue and profit.

Melinek highlights the firm's growth through USDS, noting a recent deployment of $1 billion by Sky.

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Melinek has previously reported on institutional-scale activity in crypto, noting that Figure processes about $1 billion in tokenized mortgages monthly and is expanding its onchain equity network, according to her recent coverage. In another report, she covered Muneeb Ali's forecast for Bitcoin to reach $1,000,000 by 2030. These stories highlight activity in both tokenized assets and digital currency projections.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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