VERIFIEDBy Xavier Rivera· ·1 min read
Galaxy Digital to Manage Sharplink's $125M Onchain Yield Fund
Galaxy Digital will manage a new $125 million onchain yield fund receiving $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy. The deployment into DeFi protocols marks a shift in Sharplink’s treasury strategy while preserving its core ETH exposure.
Source:CoinDesk
TL;DRAI · 60 sec read
Galaxy Digital and Sharplink are teaming up to put part of the latter’s staked ETH treasury into decentralized finance strategies. The companies announced the Galaxy Sharplink Onchain Yield Fund, which would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.
Galaxy is set to manage the investment. The strategy is expected to commence in the coming weeks under a non-binding memorandum of understanding, the companies said.
Capital will be deployed across DeFi liquidity protocols and other onchain yield strategies. The structure is designed to keep Sharplink’s core ETH exposure intact while adding an active yield strategy to its balance sheet.
Sharplink holds 872,984 ETH, according to separate first-quarter results. The company has generated 18,800 ETH in staking rewards since launching its ether treasury strategy in June 2025, the firm said.
The $100 million allocation is small relative to Sharplink’s ETH stack. At recent prices, $100 million equals roughly 43,000 ETH, yet the move is large enough to mark a shift in the treasury model.
Galaxy is set to manage the investment. The strategy is expected to commence in the coming weeks under a non-binding memorandum of understanding, the companies said.
Capital will be deployed across DeFi liquidity protocols and other onchain yield strategies. The structure is designed to keep Sharplink’s core ETH exposure intact while adding an active yield strategy to its balance sheet.
Sharplink holds 872,984 ETH, according to separate first-quarter results. The company has generated 18,800 ETH in staking rewards since launching its ether treasury strategy in June 2025, the firm said.
The $100 million allocation is small relative to Sharplink’s ETH stack. At recent prices, $100 million equals roughly 43,000 ETH, yet the move is large enough to mark a shift in the treasury model.
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