Galaxy SharpLink launches $125M DeFi yield fund

cryptonews02:30

Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols. Summary SharpLink will commit $100 million from its staked ETH ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGalaxy SharpLink launches $125M DeFi yield fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-13 02:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/galaxy-sharplink-fund-targets-125m-defi-yield/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols.\n\n\nSummary\n\n\n\nSharpLink will commit $100 million from its staked ETH ...</p>\n\n<a href=\"https://crypto.news/galaxy-sharplink-fund-targets-125m-defi-yield/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETCO","symbol_name":"Grayscale Ethereum Covered Call ETF","start_time":0,"source_url":"https://crypto.news/galaxy-sharplink-fund-targets-125m-defi-yield/","article_id":"2635244512","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/galaxy-sharplink-fund-targets-125m-defi-yield/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2635244512","pubTimestamp":1778610600,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols.SharpLink will commit $100 million from its staked ETH treasury to the fund, with Galaxy Digital contributing $25 million and managing investments.SharpLink holds 872,984 ETH in treasury and has generated 18,800 ETH in staking rewards since launching its Ethereum strategy in June 2025.SharpLink holds 872,984 ETH and is the second-largest publicly traded corporate Ethereum holder, behind Bitmine Immersion Technologies. Its treasury has generated 18,800 ETH in staking rewards since June 2025 with over 90% of its holdings staked at all times.The Galaxy fund marks a meaningful shift in how public companies are thinking about crypto treasury management, moving beyond passive staking toward active DeFi deployment. Galaxy also launched a separate tokenized cash fund with State Street last week built on Solana, signalling a broader push by the firm into institution","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETCO":"Grayscale Ethereum Covered Call ETF","ETHT":"ProShares Ultra Ether ETF","CETH":"以太坊ETF-21Shares","AETH":"以太坊策略ETF-Bitwise","BITW":"Bitwise 10 Crypto Index ETF","ETHU":"2倍以太币期货ETF-Volatility Shares","ARKY":"ARK 21SHARES ACTIVE BITCOIN ETHEREUM STRATEGY ETF","09046":"华夏以太币-U","BKCH":"AdvisorShares Sabretooth ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","QETH":"以太坊ETF-Invesco Galaxy","ETHV":"以太坊ETF-VanEck","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","TMF":"3倍做多20年期以上国债ETF-Direxion","BITQ":"Bitwise Crypto Industry Innovators ETF","BTF":"比特币&以太币期货ETF-CoinShares","ETHW":"以太坊ETF-Bitwise","FETH":"以太币ETF-Fidelity","03179":"嘉实以太币","YETH":"Roundhill Ether Covered Call Strategy ETF","ETH":"低成本以太坊ETF-Grayscale","SETH":"1倍做空以太币期货ETF-Proshares","EZET":"以太坊ETF-Franklin","ETHA":"以太坊ETF-iShares","EETH":"以太币期货ETF-ProShares","STCE":"Schwab Crypto Thematic ETF","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","03009":"博时以太币","03046":"华夏以太币","09009":"博时以太币-U","ETU":"T-Rex 2X Long Ether Daily Target ETF","ETHD":"ProShares UltraShort Ether ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","BETH":"比特币&以太币期货ETF-ProShares","ETHE":"最大以太坊ETF-Grayscale","TLT":"20+年以上美国国债ETF-iShares","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","09179":"嘉实以太币-U"},"translate_title":"Galaxy SharpLink推出1.25亿美元DeFi收益基金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETQ":0.6,"US6M.BOND":1.5,"TLT":0.6,"QETH":0.9,"ETHW":0.9,"US3Y.BOND":1.5,"CETH":0.83,"BITW":0.9,"BKCH":0.9,"BEGS":0.9,"LFGY":0.9,"FETH":0.9,"09179":0.83,"SETH":0.6,"ETHU":0.9,"BETH":0.9,"STCE":0.9,"US30Y.BOND":1.5,"US7Y.BOND":1.5,"03046":0.83,"09046":0.83,"TLTW":0.6,"ETCO":0.6,"ETH":0.9,"ETHE":0.9,"ETU":0.9,"ETHV":0.9,"TMF":0.6,"AETH":0.9,"ETHD":0.9,"US10Y.BOND":1.5,"03179":0.83,"BITQ":0.9,"ETHA":0.9,"EETH":0.9,"ARKY":0.9,"ETHT":0.9,"BTF":0.9,"US12M.BOND":1.5,"US5Y.BOND":1.5,"GDLC":0.9,"YETH":0.9,"US2Y.BOND":1.5,"METHmain":0.9,"EZET":0.9,"BETE":0.9,"03009":0.83,"09009":0.83},"content_text":"Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols.\n\n\nSummary\n\n\n\nSharpLink will commit $100 million from its staked ETH treasury to the fund, with Galaxy Digital contributing $25 million and managing investments.\nCapital will be deployed across DeFi liquidity protocols and onchain yield strategies while maintaining SharpLink’s core Ethereum exposure.\nSharpLink holds 872,984 ETH in treasury and has generated 18,800 ETH in staking rewards since launching its Ethereum strategy in June 2025.\n\n\n\nGalaxy Digital and SharpLink announced a non-binding agreement on May 11 to launch the Galaxy Sharplink Onchain Yield Fund, a $125 million limited partnership structured to put part of SharpLink’s staked Ethereum treasury to work across DeFi strategies. Galaxy will serve as investment manager.\nSharpLink will contribute $100 million from its staked ETH position, with Galaxy adding $25 million of its own capital. Mike Novogratz, founder and CEO of Galaxy, said the infrastructure for 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.”\nWhat the fund will do\nThe fund will deploy capital across DeFi liquidity protocols and other onchain yield-generating strategies. The structure is designed to keep SharpLink’s core ETH exposure intact while adding an active yield layer on top of its existing staking operations.\nSharpLink CEO Joseph Chalom said the strategy aims to provide liquidity to high-quality protocols while generating returns above the average Ethereum staking rate. “Operational rigor is non-negotiable,” he said, noting the fund’s risk management framework will apply the same discipline Galaxy uses across its lending, trading, and asset management businesses.\nThe announcement came alongside SharpLink’s Q1 2026 earnings, which showed revenue rising to $12.1 million from $742,000 in the same period a year earlier. SharpLink posted a net loss of $685.6 million for the quarter, driven by unrealized depreciation in its ETH portfolio as Ethereum fell from roughly $3,354 in mid-January to $2,104 by quarter-end.\nSharpLink’s position in the Ethereum ecosystem\nSharpLink holds 872,984 ETH and is the second-largest publicly traded corporate Ethereum holder, behind Bitmine Immersion Technologies. Its treasury has generated 18,800 ETH in staking rewards since June 2025 with over 90% of its holdings staked at all times.\nThe Galaxy fund marks a meaningful shift in how public companies are thinking about crypto treasury management, moving beyond passive staking toward active DeFi deployment. Galaxy also launched a separate tokenized cash fund with State Street last week built on Solana, signalling a broader push by the firm into institutional onchain yield infrastructure.\n\n\n\n\n\n                Read more:\n            \n\n                Can SOL hit $200 as Coinbase adds $100,000 SOL collateral lending?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2635244512","isCrawlerRequest":true}