Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
CoinDesk
Galaxy Digital and Sharplink are partnering to deploy $125 million from Sharplink’s ETH treasury into active decentralized finance yield strategies.Summary
Galaxy Digital and Sharplink have announced a partnership to launch the Galaxy Sharplink Onchain Yield Fund. The fund will combine $100 million from Sharplink’s staked ETH treasury with $25 million from Galaxy Digital to pursue decentralized finance (DeFi) liquidity protocols. This initiative aims to generate additional yield on Sharplink's assets while maintaining its core ETH exposure, marking a strategic shift in how the company manages its significant digital asset holdings.
(Source：CoinDesk)