Galaxy and Sharplink to Launch $125 Million DeFi Yield Fund, Targeting On-Chain Lending and Liquidity Strategies

BlockBeats News, May 11th, Galaxy will partner with Ethereum reserve company Sharplink to launch a $125 million DeFi yield fund named the "Galaxy Sharplink Onchain Yield Fund." Sharplink will contribute $100 million from its ETH reserve, while Galaxy will provide $25 million. Galaxy will act as the exclusive fund manager, responsible for protocol selection, position management, and risk control. The fund is expected to launch officially in the coming weeks.

According to reports, Sharplink currently holds approximately $2.1 billion in ETH reserves, all of which are staked and deployed in protocols such as Linea, Ether.fi, and Liquid Collective to earn yield. Since June 2025, Sharplink has accumulated approximately $44.6 million in returns.

Sharplink's CEO, Joseph Chalom, mentioned that relying solely on ETH staking for an annual return of 2.5% to 3.5% is no longer sufficient to meet demand. The company plans to further expand into higher-yield strategies such as DeFi lending and liquidity provision, aiming for an annualized return of over 10%.