Galaxy and Sharplink Plan $125 Million Institutional DeFi Yield Fund
Galaxy and Ethereum treasury platform Sharplink are partnering on an institutional onchain yield fund designed to help companies generate returns on their ETH holdings through staking and DeFi strategies without selling the underlying assets. The initiative also reflects traditional asset managers’ accelerating efforts to package onchain yield into compliant investment products.
As of July 20, 2026, the companies planned to launch the $125 million Galaxy Sharplink Onchain Yield Fund, managed by Galaxy Digital. Sharplink will contribute $100 million worth of staked Ether as the fund’s underlying assets, targeting institutional investors seeking exposure to onchain yield.
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The history behind this eventSharplink, Galaxy Launch $125 Million ETH Yield Fund
Sharplink has built its strategy around holding Ether and earning staking rewards, while Galaxy Digital brings institutional experience in digital-asset investing and onchain risk management. Their partnership matters because it pushes public-company crypto treasury management beyond accumulation and passive staking toward actively managed decentralized-finance strategies. The model aims to preserve core ETH exposure while seeking additional returns, but it also introduces smart-contract, liquidity and protocol risks that conventional staking does not carry.
Sharplink and Galaxy Digital launched the Galaxy Sharplink Onchain Yield Fund on Aug. 7, 2026, following an initial plan announced May 11. The private vehicle has $125 million in commitments: $100 million of staked ETH from Sharplink’s treasury and $25 million from Galaxy, which will act as investment manager. Capital will be allocated across vetted DeFi liquidity protocols and other onchain yield strategies, with Galaxy overseeing protocol selection, position sizing and ongoing monitoring under its institutional research and risk framework.
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