Mike Novogratz’s Galaxy and Sharplink Launch $125M Ethereum-Powered DeFi Yield Fund

Mike Novogratz’s digital asset firm Galaxy Digital and ETH treasury company Sharplink announced a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund. This new private investment vehicle will focus on DeFi liquidity protocols and other on-chain yield-generating strategies. $125M Institutional Yield Fund According to the official press release, Galaxy will act as the fund&#821…