Galaxy Digital and Sharplink set up $125M Ethereum on-chain yield fund via MOU

Galaxy Digital and Sharplink said they will launch the Galaxy Sharplink Onchain Yield Fund next week with $125 million in commitments, including $25 million from Galaxy and $100 million sourced from Sharplink's staked Ethereum treasury. The vehicle is designed to deploy capital into DeFi liquidity protocols and other on-chain yield strategies while Sharplink retains core ETH exposure.