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The Nexus
BUSINESSMay 11 · 17:26 UTCCOINTELEGRAPHCointelegraph by Sam Bourgi

Galaxy, Sharplink plan $125M institutional DeFi yield fund backed by ETH treasury

Galaxy and Sharplink are launching a $125M DeFi yield fund backed by ETH treasury, with Sharplink contributing $100 million in staked Ether. The fund aims to help institutions earn yield from crypto holdings without selling ETH. This partnership seeks to provide a new investment opportunity for institutional investors.

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