PANews August 8 news, according to Globenewswire, Sharplink, Inc. (Nasdaq: SBET) and Galaxy Digital Inc. (Nasdaq: GLXY) jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund. The fund is the first institutional investment vehicle designed to deploy capital into on-chain yield strategies and specific investment projects. The fund is managed by Galaxy, with an initial committed capital of $125 million, including $100 million in staked ETH reserves from Sharplink and $25 million contributed by Galaxy.
Galaxy Digital and Sharplink Jointly Launch On-Chain Yield Fund with Initial Capital of $125 MillionGalaxy Digital and Sharplink Jointly Launch On-Chain Yield Fund with Initial Capital of $125 Million
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