Galaxy Digital Steers Sharplink’s $125M On-Chain Yield Strategy
Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
Galaxy Digital has been tapped to manage Sharplink’s new onchain yield strategy, with Sharplink allocating $125 million to the effort.
The arrangement positions Galaxy as the manager responsible for deploying the capital into onchain yield opportunities, a growing category of crypto-native strategies that seek to generate returns through blockchain-based protocols rather than traditional fixed-income products.
The move highlights how institutional-focused firms are increasingly packaging “onchain yield” into managed strategies, offering investors a more structured way to access returns that historically required hands-on participation in decentralized finance (DeFi).
No additional details were provided on the specific protocols, risk parameters, custody setup, or timeline for deployment.
