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Sharplink and Galaxy Launch $125 Million Onchain Yield Fund

The vehicle will let Galaxy manage Sharplink’s staked‑ETH capital to actively deploy into onchain yield strategies under institutional due diligence and risk controls.

Overview

  • The fund was announced on Friday, August 7, 2026, with $125 million in committed capital to begin targeted onchain deployments.
  • Sharplink provided $100 million via assets backed by its staked ETH treasury and Galaxy contributed $25 million while serving as the fund manager.
  • Galaxy says it will place capital into onchain yield strategies such as lending, liquidity provision, staking or restaking and other decentralized finance activities after protocol due diligence.
  • Both firms warned results are forward‑looking and depend on execution, market volatility, protocol and liquidity risk, and evolving regulatory and accounting treatment.
  • The launch produced a modest uptick in Sharplink’s shares and is positioned as a model for corporate treasuries moving from passive staking to active, risk‑managed onchain participation that could help kickstart activity in emerging protocols.