Galaxy, Sharplink Launch $125M Institutional DeFi Fund Using ETH Treasury
Cointelegraph
Galaxy and Sharplink are launching a $125 million fund to generate DeFi yields from Ethereum treasury holdings.Summary
Galaxy and Sharplink have announced the Galaxy Sharplink Onchain Yield Fund, a $125 million private vehicle designed to deploy Ether into decentralized finance strategies. Sharplink will provide $100 million from its extensive ETH treasury, while Galaxy will contribute $25 million and manage the fund. The initiative aims to capture onchain yields while maintaining long-term exposure to Ether, reflecting increasing institutional appetite for blockchain-based financial products.
(Source：Cointelegraph)