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

CoinDesk Staff

(09:17 AM UTC)

1 min read

The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.

Galaxy Digital (GLXY) and Sharplink (SBET) are teaming up to put part of the latter’s staked ETH treasury into decentralized finance (DeFi) strategies.

The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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