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Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury

Cointelegraph.com News·
Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury
AI Analysis

Galaxy and Sharplink are launching a $125 million institutional DeFi yield fund, with Sharplink contributing $100 million in staked Ether. This initiative aims to provide institutions a way to earn yield on their crypto holdings without liquidating their ETH assets.

Key Topics

GalaxySharplinkETHDeFi

Originally reported by Cointelegraph.com News. Read the full article ↗

Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury | AI Crypto Daily Wire