Sharplink and Galaxy Digital Launch a $125 Million On-Chain Revenue Fund
2026-08-08 08:37:37
According to CoinMeta, Wu said that Sharplink and Galaxy Digital have officially announced the launch of Galaxy Sharplink Onchain Yield Fund. The fund is managed by Galaxy and commits a total capital of 125 million US dollars, of which 100 million US dollars are supported by the Sharplink's pledged ETH reserves, with Galaxy contributing 25 million US dollars. The fund will allocate its funds to DeFi, on-chain yield strategies, and specific investment projects. Previously, the two parties signed a non-binding memorandum of understanding in May 2026, planning to establish this fund.
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