alphabet galaxy - Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
Galaxy Digital (GLXY) and Sharplink (SBET) are teaming up to put part of the latter’s staked $ETHtreasury into decentralized finance (DeFi) strategies.
The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked $ETHtreasury and $25 million from Galaxy, the companies said.
Galaxy is set to manage the investment, which is expected to commence in the coming weeks under a non-binding memorandum of understanding.
The strategy will see capital deployed across DeFi liquidity protocols and other onchain yield strategies. The structure is designed to keep Sharplink’s core $ETHexposure intact while adding an active yield strategy to its balance sheet.
Sharplink holds 872,984 $ETH, according to separate first-quarter results. The company has generated 18,800 $ETHin staking rewards since launching its ether treasury strategy in June 2025, the firm said.
The allocation is small relative to Sharplink’s $ETHstack but large enough to mark a shift in the treasury model. At recent prices, $100 million equals roughly 43,000 $ETH.
This detailed match analysis covers key moments, player performances, and tactical insights.
?? Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
?? Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
??? Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.
Final whistle analysis: The tactical shift in the second half proved decisive.