The Galaxy Sharplink Onchain Yield Fund aims to generate incremental Ethereum returns through staking and DeFi strategies.
Sharplink Inc. unveiled a $125 million Galaxy Sharplink Onchain Yield Fund targeting higher Ethereum returns than traditional staking. The fund will deploy ETH across staking, decentralized finance (DeFi) strategies, and partnerships with ETH Labs and EthSystems.
Management described the initiative as part of an “institutional super cycle” for Ethereum, aiming to attract institutional capital. The fund follows prior efforts to expand Sharplink’s DeFi and staking infrastructure, though specific prior yield performance was not disclosed.
No immediate market reaction was detailed in the announcement, which focused on strategic positioning rather than financial results.