Galaxy Digital to Manage $125M Onchain Yield Fund with Sharplink

Galaxy Digital, a major crypto financial services firm, will manage a new $125 million onchain yield fund in partnership with Sharplink. The fund will be seeded with $100 million from Sharplink’s staked Ethereum (ETH) treasury and $25 million from Galaxy. This initiative aims to leverage blockchain technology to generate yield, or investment returns, directly on the network.

This fund is significant because it brings institutional-grade yield strategies to the blockchain. For everyday investors, it means more options to earn passive income from crypto assets without needing to manage complex staking or yield strategies themselves. Think of it like a high-yield savings account, but for cryptocurrency.

If you're interested in this type of investment, keep an eye out for updates from Galaxy Digital and Sharplink. While the fund is currently targeted at institutional investors, similar products may become available to retail investors in the future. For now, you can explore staking your own ETH or other yield-generating opportunities on platforms like Lido or Aave.