Galaxy and Ethereum treasury company Sharplink have announced plans to launch the 'Galaxy Sharplink Onchain Yield Fund' with a total size of $125 million. According to Foresight News, the fund is expected to be officially launched in the coming weeks. Of the total, $100 million will come from Sharplink's Ethereum treasury, while Galaxy will contribute $25 million. Galaxy will serve as the exclusive manager of the fund, responsible for protocol selection, position management, and risk control. The fund will primarily focus on active DeFi strategies such as lending and liquidity provision, aiming for an annualized return of over 10%. Currently, Sharplink holds $2.1 billion in Ethereum, all of which is staked, and has generated $44.6 million in revenue since its establishment in June 2025.