Galaxy Digital to manage Sharplink’s new $125 million onchain yield play - CoinDesk

Galaxy Digital, a leading cryptocurrency investment firm, has partnered with Sharplink to manage a new $125 million on-chain yield strategy, marking a significant investment in the decentralized finance (DeFi) space. This move highlights the growing interest in on-chain yield products and their potential to attract institutional investors, which could further legitimize the DeFi market. The partnership's success may have implications for the broader adoption of DeFi products and the role of traditional financial institutions in the cryptocurrency ecosystem.