Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
Burns Brief
The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $ETH $LINK for reaction — a decisive move above or below key levels will confirm the next trend.
The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.
Key Takeaways
- The Galaxy Sharplink Onchain Yield Fund would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy