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Galaxy & Sharplink Launch $125M DeFi Yield Fund
Description
Galaxy and Sharplink collaborate on a $125M DeFi fund, leveraging Ether yields. Galaxy contributes $25M, Sharplink $100M from staked Ether. The Galaxy Sharplink Onchain Yield Fund aims to generate returns through liquidity protocols without selling underlying crypto. This move underscores the growing interest in blockchain tools that replicate traditional finance yields and risks, as well as the potential growth from crypto treasuries, despite volatility.
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