{"id":3062,"date":"2026-05-13T21:08:03","date_gmt":"2026-05-13T21:08:03","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3062"},"modified":"2026-05-13T21:08:03","modified_gmt":"2026-05-13T21:08:03","slug":"galaxy-and-sharplink-unveil-125-million-ethereum-based-defi-yield-fund","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/05\/13\/galaxy-and-sharplink-unveil-125-million-ethereum-based-defi-yield-fund\/","title":{"rendered":"Galaxy and Sharplink Unveil $125 Million Ethereum Based DeFi Yield Fund"},"content":{"rendered":"\n
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Mike Novogratz\u2019s Galaxy Digital and SharpLink Gaming have announced a non binding memorandum of understanding to establish the Galaxy Sharplink Onchain Yield Fund.<\/p>\n\n\n\n

The new private investment vehicle will concentrate on DeFi liquidity protocols along with other on chain yield generating strategies.<\/p>\n\n\n\n

$125 Million Institutional Yield Fund<\/strong><\/p>\n\n\n\n

According to the official announcement, Galaxy will serve as the investment manager for the fund, which is expected to launch in the coming weeks with total commitments of $125 million. The funding includes $100 million from Sharplink\u2019s staked Ethereum treasury and $25 million from Galaxy.<\/p>\n\n\n\n

The strategy aims to identify high yield opportunities across blockchain based financial markets by allocating capital to carefully selected on chain applications. The structure is designed to help Sharplink maintain its Ethereum exposure while generating additional returns through actively managed on chain strategies.<\/p>\n\n\n\n

Galaxy stated that protocol selection, exposure sizing, and continuous monitoring will be managed through its institutional research and risk management framework, the same system used across its lending, trading, and asset management operations. The firm also noted that it has deployed hundreds of millions of dollars into on chain strategies since 2020 and ranks among the largest publicly traded companies actively investing in decentralized finance and blockchain based opportunities.<\/p>\n\n\n\n

Novogratz said institutional capital is increasingly moving on chain and that the supporting infrastructure has matured enough to provide allocators with access to yield, liquidity, and risk management standards similar to those in traditional financial markets. He added that Sharplink has built one of the most significant Ethereum treasuries among publicly traded companies and expressed confidence in the partnership\u2019s ability to compound its core Ethereum position.<\/p>\n\n\n\n

Meanwhile, Matthew Sheffield described the initiative as an extension of Sharplink\u2019s treasury strategy into more active investment approaches.<\/p>\n\n\n\n

SharpLink Reports Strong Revenue Growth Despite Major Net Loss<\/strong><\/p>\n\n\n\n

Sharplink remains the second largest Ethereum treasury company, holding approximately 868,700 ETH, behind BitMine Immersion Technologies, which reportedly holds around 5.21 million ETH.<\/p>\n\n\n\n

Alongside the fund announcement, Sharplink revealed that its revenue surged to $12.1 million in the first quarter of 2026, compared to just $0.7 million during the same period a year earlier. The increase was largely driven by its Ethereum treasury strategy.<\/p>\n\n\n\n

Despite the revenue growth, the company recorded a net loss of $685.6 million. Most of the losses were linked to declining ETH prices, which resulted in unrealized accounting losses and impairment charges on its holdings.<\/p>\n\n\n\n

Sharplink clarified that these were paper losses under accounting standards and did not indicate that the company had sold Ethereum at a loss or reduced its ETH holdings.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mike Novogratz\u2019s Galaxy Digital and SharpLink Gaming have announced a non binding memorandum of understanding to establish the Galaxy Sharplink Onchain Yield Fund. The new private...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3062","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3062"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3062\/revisions"}],"predecessor-version":[{"id":3064,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3062\/revisions\/3064"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}