Galaxy Digital to manage Sharplink’s new $125 million onchain yield play

The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy. What to know : Galaxy Digital and Sharplink are teaming up to put part of the latter’s staked ETH treasury into DeFi strategies. The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy. Capital will be deployed across DeFi liquidity protocols & onchain yield strategies, maintaining Sharplink's core ETH exposure.