Galaxy and Sharplink Launch $125 Million On-Chain DeFi Yield Fund
Source：
www.forbes.com
According to Forbes, Galaxy—founded by Novogratz—and Sharplink, an Ethereum treasury company, have announced a partnership to launch the “Galaxy Sharplink Onchain Yield Fund,” with a total size of $125 million, expected to officially launch within several weeks. Of this, $100 million comes from Sharplink’s Ethereum treasury, and $25 million is contributed by Galaxy’s proprietary capital. Galaxy serves as the fund’s exclusive manager, responsible for protocol selection, position management, and risk control. The fund will primarily pursue active DeFi strategies—including lending and liquidity provision—with a target annualized yield of over 10%.
