The Circuitry
THE CIRCUITRYYour one-stop source for all tech news
HOMETODAYNEWSFEEDEVENTS
BOOKMARKS
RSS
© 2026 The Circuitry
About UsSourcesContactCorrectionsPrivacy
  • Today
  • Feed
  • Events
  • Saved
Scroll for more
Verification
VERIFIEDConfidence: HIGH
Source identified
Claims cross-referenced
No discrepancies found
Sourcing
1source

via CoinDesk

CoinDesk · track record
39Stories
100%Verified
030d
All sources →
Markets
ETH···

Live quote · not investment advice

From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
Home/Markets/Galaxy Digital to Manage Sharplink's $125M Onchain Yield Fund
VERIFIEDBy Xavier Rivera· ·1 min read

Galaxy Digital to Manage Sharplink's $125M Onchain Yield Fund

Galaxy Digital will manage a new $125 million onchain yield fund receiving $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy. The deployment into DeFi protocols marks a shift in Sharplink’s treasury strategy while preserving its core ETH exposure.

Source:CoinDesk
Post
Galaxy Digital to Manage Sharplink's $125M Onchain Yield Fund
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
TL;DRAI · 60 sec read

Galaxy Digital and Sharplink launch the $125M Galaxy Sharplink Onchain Yield Fund, with $100M from Sharplink's staked ETH treasury and $25M from Galaxy. Galaxy manages deployments into DeFi liquidity protocols and onchain yield strategies. This keeps Sharplink's core ETH exposure intact amid its 873,000 ETH holdings while adding active yield, signaling a treasury model shift.

Galaxy Digital and Sharplink are teaming up to put part of the latter’s staked ETH treasury into decentralized finance strategies. The companies announced the Galaxy Sharplink Onchain Yield Fund, which would receive $100 million from Sharplink’s staked ETH treasury and $25 million from Galaxy.

Galaxy is set to manage the investment. The strategy is expected to commence in the coming weeks under a non-binding memorandum of understanding, the companies said.
From The CircuitryThe Feed — live briefs across tech, all day.See what’s happening →
Capital will be deployed across DeFi liquidity protocols and other onchain yield strategies. The structure is designed to keep Sharplink’s core ETH exposure intact while adding an active yield strategy to its balance sheet.

Sharplink holds 872,984 ETH, according to separate first-quarter results. The company has generated 18,800 ETH in staking rewards since launching its ether treasury strategy in June 2025, the firm said.
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →
The $100 million allocation is small relative to Sharplink’s ETH stack. At recent prices, $100 million equals roughly 43,000 ETH, yet the move is large enough to mark a shift in the treasury model.
Why this mattersAI · ~100 words

Tap a lens to see what this story means for you.

Morning Brief

Liked this? The Brief brings you the whole day in tech, verified, every morning.

Two minutes, free forever. What's in The Brief →

Reader-supported
DonateBuy me a coffee →Follow@thecircuitry_ →Follow@thecircuitry.to →
HELP US IMPROVE
From The Circuitry

See what’s happening right now

The Feed runs all day — short, verified briefs the moment they break.

Open the Feed →
From The Circuitry

Follow @thecircuitry_

Every story we publish, as it happens. No noise between.

Follow on X ↗On Bluesky ↗

Reader-supported

The Circuitry is a passion project I've always wanted to build, and I love the work behind it.

Running it costs real money. APIs, hosting, time. To keep improving the site and growing this into something useful for everyone, those costs have to be covered.

Any contribution is appreciated. If not, no pressure. Thanks for reading.

Buy me a coffee
cryptodefigalaxy-digitalsharplinkethereum
More fromCoinDesk
  • Kalshi Discusses $750 Million Raise at $40 Billion Valuation

    Markets · 1mo
  • Riot Platforms Jumps 20% Pre-Market After Signing $9.1 Billion Frontier AI Pact

    Markets · 1mo
  • DTCC Processes First Live Trades of Tokenized Securities

    Markets · 2mo
More inMarkets
  • Skydance merger closes, Musk regains trillionaire status, AI risks flagged

    Markets · 2d
  • Schneider Electric Agrees to Buy PTC for $22.6 Billion

    Markets · 3d
  • SEC Proposes Crypto Custody Rules for Advisers and Funds

    Markets · 7d
SupportThe Work

The Circuitry is reader-supported. If you find the daily brief useful, you can buy me a coffee to keep it going.

Buy a coffee →
From The CircuitryWhy The Circuitry

Verified tech news, cross-checked.

Every story is checked against independent sources before it posts — no rumors dressed up as fact.

How we verify →

MORE IN THIS BEAT

All Markets →
  • Markets· 

    Echo Protocol Hit by $76.7M Exploit via Admin Key Breach

    An attacker minted about 1,000 unauthorized eBTC worth $76.7 million on Echo Protocol after compromising an admin private key on the Monad blockchain. The incident highlights ongoing DeFi security risks, with at least 12 protocols already exploited this month amid a broader 2026 surge in crypto hacks.

  • Markets· 

    BitMine May Slow ETH Buys After Amassing 4% Supply

    BitMine Immersion Technologies may slow its Ethereum purchases after amassing more than 4% of the circulating supply and nearing its 5% target. Chairman Tom Lee cited other crypto opportunities and the firm’s diversified investments as reasons for a potential change in pace.

  • Markets· 

    Standard Chartered to Offer Digital Asset Custody in Singapore

    Standard Chartered intends to launch digital asset custody services for institutional clients in Singapore. The expansion builds on existing operations in the UAE, Luxembourg and Hong Kong plus the 2025 establishment of a London crypto trading desk.

  • Markets· 

    OKX Secures Backing at $25 Billion Pre-Money Valuation

    OKX attracted investment at a $25 billion pre-money valuation from Circle, Ripple, Standard Chartered’s venture arm and Qube Research. The round builds on prior support from Intercontinental Exchange and advances the firm’s tokenized asset and platform expansion plans.

  • Markets· 

    OKXICE Files for 24/7 Tokenized Stock Trading Under SEC Exemption

    OKXICE has notified the SEC of plans to operate nonstop tokenized trading for more than 60 U.S. equities under the Innovation Exemption, with pairs against stablecoins and access limited to verified wallets on XLayer.