Galaxy Digital and Sharplink jointly launched a chain-based gain fund with an initial capital of $125 million

On 8 August, according to Globenewswire, Sharplink, Inc. (NASDAQ stock code: SBET) and Galaxy Digital Inc. (NASDAQ stock code: GLXY) jointly announced the launch of Galaxy Sharplink Onchain Yield Fund. The Fund is the first institutional investment tool designed to put funds into a return-to-return strategy and specific investment projects. The Fund is managed by Galaxy with an initial commitment of $125 million, including $100 million from the ETH reserve pledged by Sharplink and $25 million from Galaxy。