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Galaxy Digital & SharpLink Launch $125M Yield Fund
Description
Galaxy Digital and SharpLink unveil $125M collaboration on Galaxy SharpLink Onchain Yield Fund, with Galaxy managing the capital in DeFi liquidity protocols and onchain yield plays. SharpLinks staked ETH treasury contributes $100M, while Galaxy adds $25M. This move signifies a growing trend of institutional players venturing into DeFi for yield hunting, with deployments set to begin in the coming weeks.
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