What happened: Sharplink, Inc. and Galaxy Digital have officially launched the Galaxy Sharplink Onchain Yield Fund, LP. The fund starts with $125 million in capital—$100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy—to actively deploy capital into decentralized finance and onchain yield-generating opportunities.
Why it matters: This move signals a major shift in how corporations manage their crypto treasuries. Instead of just holding assets, companies are moving toward active participation in blockchain markets. By using institutional-grade strategies to make ETH more productive, this fund provides a new model for corporate treasury management that could set a precedent for more efficient capital allocation across the industry.