Galaxy Digital and Sharplink Launch Onchain Yield Fund with $125M Initial Capital

Chainthink

Release Time: 08/08/2026 02:02:34

ETH

$1,920.960.02%

Summary

In digital asset news, Galaxy Digital and Sharplink launched the Galaxy Sharplink Onchain Yield Fund on August 8 with $125 million in initial capital. Sharplink contributed $100 million in staked ETH, and Galaxy added $25 million. Managed by Galaxy, the fund targets onchain yield strategies for institutional investors. While digital collectibles news remains active, this move underscores institutional interest in onchain yield opportunities.

ChainThink reports that on August 8, according to Globenewswire, Sharplink, Inc. (Nasdaq: SBET) and Galaxy Digital Inc. (Nasdaq: GLXY) jointly launched the Galaxy Sharplink Onchain Yield Fund with an initial committed capital of $125 million.

The fund, managed by Galaxy, is positioned as an on-chain yield investment vehicle for institutional investors, with funds allocated to on-chain yield strategies and specific investment projects.

In the initial capital, Sharplink provides $100 million in staked ETH reserves, and Galaxy contributes $25 million.

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