Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury
Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.
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Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.
Sharplink posted a quarterly net loss of nearly $686 million, but shares are up following word of a $125 million collaboration with Galaxy.
Galaxy says seven Senate Democrats may decide the CLARITY Act’s path as the crypto market structure bill heads to markup this week.
The CLARITY Act, introduced in July 2025, stalled in January after Coinbase withdrew its support for the legislation over concerns about legal protections and stablecoin yields.