Galaxy Digital and SharpLink has launched the Galaxy SharpLink Fund for Onchain Yield, with a total of $125,000,000 to invest in DeFi protocol.
The following is a summary of the information that you will find on this page.
- SharpLink has committed $100 million of its ETH staked to fund. Galaxy Digital will manage investments and contribute $25 million.
- SharpLink is maintaining its Ethereum core exposure. Capital will also be allocated to DeFi liquidity protocol and onchain yielding strategies.
- SharpLink has 872,984 Ethereum in its treasury. It also generated 18800 Ethereum in stake rewards since June 2025 when it launched its Ethereum strategy.
Galaxy Digital SharpLink announced On May 11, a nonbinding agreement was signed to create the Galaxy Sharplink Onchain Yield Fund. This $125 million limited partner will use a portion of SharpLink’s Ethereum Treasury to implement DeFi strategies. Galaxy will be the investment manager.
SharpLink is contributing $100 million, while Galaxy will add $25 million to its capital. Mike Novogratz was the CEO and founder of Galaxy. said The infrastructure of institutional DeFi participation “has matured to a point where allocators can access yield, liquidity, and risk management with the same rigor they expect in traditional markets.”
What will the Fund do?
The fund will invest capital in DeFi liquidity protocol and on-chain yield-generating strategy. This structure was designed to maintain SharpLink’s core exposure in ETH while adding a yield layer active on top of existing staking.
SharpLink Chief Executive Officer Joseph Chalom said The strategy is designed to generate returns that are higher than the Ethereum average stake rate while providing liquidity for high-quality protocol. “Operational rigor is non-negotiable,” He noted that the risk management framework for the fund will use the same discipline Galaxy employs across its lending and trading businesses, as well as asset management.
SharpLink also announced its earnings for Q1 of 2026, showing revenue up to $12.12 million from $742,000. This was a significant increase over the $742,000 reported in the previous year. SharpLink reported a quarterly net loss of $685,6 million, primarily due to unrealized losses in the ETH portfolio. Ethereum dropped from $3,354 at mid-January, down to $2,104 quarter-end.
SharpLink’s role in the Ethereum ecosystem
SharpLink is second in the list of publicly listed corporate Ethereum holders, after Bitmine Immersion Technologies. Its Treasury has generated Since June 2025, the staked holdings of this company have totaled over 90%.
Galaxy marks a significant shift in the way public companies think about crypto-treasury, going beyond passive staking to active DeFi deployment. Galaxy includes launched Last week, State Street launched a tokenized cash-fund based on Solana. This is part of a larger push to build institutional blockchain yield infrastructure.
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Source: crypto.news
