PANews|May 11, 2026 12:12
Sharpnink and Galaxy plan to establish a $125 million on chain revenue fund
Sharpnink has signed a non binding agreement with Galaxy Digital to establish a $125 million Galaxy Sharpnink Onchain Yield Fund, which will deploy ecological liquidity for high-quality DeFi protocols and generate risk managed on chain profits to increase Sharpnink's per share ETH holdings. Sharpnink plans to invest $100 million in its own long-term capital, while Galaxy Digital will invest $25 million and serve as the investment manager. The fund will focus on developing on chain liquidity strategies and early agreement support.
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