StockWatch
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Computer Software: Prepackaged Software
Joint VentureAug 7, 2026, 04:18 PM

Sharplink & Galaxy Launch $125M Onchain Yield Fund

AI Summary

Sharplink, Inc. and Galaxy Digital Inc. jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP, an institutional investment vehicle. The Fund begins with $125 million in committed capital, with $100 million from Sharplink's staked ETH treasury and $25 million from Galaxy. Managed by Galaxy, the Fund aims to deploy capital into onchain yield strategies, representing a new model for corporate treasuries to pursue risk-managed returns.

Key Highlights

  • Sharplink and Galaxy Digital launched the Galaxy Sharplink Onchain Yield Fund, LP.
  • The Fund launches with $125 million in total committed capital.
  • Sharplink contributed $100 million from its staked ETH treasury.
  • Galaxy Digital contributed $25 million to the Fund.
  • The Fund is managed by Galaxy Digital.
  • It is designed to deploy capital into onchain yield strategies and identified investments.
  • Sharplink views this as expanding its ETH treasury management strategy.