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#yield-fund News & Analysis

2 articles tagged with #yield-fund. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles
DeFiBullishCoinDesk · May 126/10
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Galaxy Digital to manage Sharplink’s new $125 million onchain yield play

Galaxy Digital and Sharplink have launched a $125 million onchain yield fund, with Sharplink contributing $100 million from its staked ETH treasury and Galaxy adding $25 million. Galaxy Digital will serve as the fund manager, positioning it to capitalize on growing demand for institutional-grade yield strategies in the crypto market.

Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
$ETH
CryptoNeutralDecrypt – AI · May 116/10
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Ethereum Firm Sharplink Posts $686 Million Loss, Kicks Off $125M Yield Fund With Galaxy

Ethereum-focused firm Sharplink reported a substantial $686 million quarterly net loss but experienced a positive market reaction following the announcement of a $125 million yield fund partnership with Galaxy. This contradiction highlights how strategic collaborations and future revenue initiatives can offset current financial losses in the cryptocurrency sector.

Ethereum Firm Sharplink Posts $686 Million Loss, Kicks Off $125M Yield Fund With Galaxy
$ETH