Institutional Fund Begins Deploying Capital Across Decentralized

Finance and Onchain Yield Strategies

NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (NASDAQ:SBET) and Galaxy Digital Inc. (NASDAQ:GLXY) today jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP (the "Fund"), a first-of-its-kind institutional investment vehicle designed to deploy capital into onchain yield strategies and identified investments. Managed by Galaxy, the Fund launches with $125 million in committed capital, including $100 million backed by Sharplink’s staked ETH treasury and $25 million from Galaxy.

The launch adds to a growing set of institutional digital asset investing strategies. It demonstrates a new model for corporate treasuries actively deploying capital to pursue additional risk-managed returns via onchain yield strategies.

Galaxy's investment process is built on years of institutional experience deploying capital across digital asset markets. The firm has deployed significant capital across market cycles since 2020 with proprietary research, rigorous protocol diligence and comprehensive risk controls.