Mike Novogratz’s Galaxy and Sharplink Launch $125M Ethereum-Powered DeFi Yield Fund
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Galaxy Digital and ETH treasury firm Sharplink signed a non-binding memorandum of understanding to create the Galaxy Sharplink Onchain Yield Fund, a private investment vehicle focused on DeFi liquidity protocols and other on-chain yield-generating strategies. The partnership signals more institutional allocation into crypto DeFi and on-chain yield products, potentially boosting funding and adoption for liquidity protocols.
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Mike Novogratz’s digital asset firm Galaxy Digital and ETH treasury company Sharplink announced a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund.
This new private investment vehicle will focus on DeFi liquidity protocols and other on-chain yield-generating strategies.
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Coins
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