Sharplink and Galaxy Digital Launch First-of-Its-Kind $125M Onchain Yield Fund
Institutional Fund Begins Deploying Capital Across Decentralized Finance and Onchain Yield Strategies NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq:
Archived explainer. For the current picture see today's SBET page.
SHARPLINK INC (SBET) is drawing unusual attention today. Our newswire has captured 1 story on SBET across 1 source in the last 36 hours, with AI sentiment reading bullish (avg 63/100).
SBET stock is moving today after Sharplink Inc. announced a partnership with Galaxy Digital to launch the Galaxy Sharplink Onchain Yield Fund, a $125 million institutional investment vehicle targeting onchain yield strategies. The move signals a strategic expansion into decentralized finance and has drawn attention from investors and analysts. The stock is up significantly in early trading, reflecting optimism around the new fund and Sharplink’s growing presence in the crypto space.
Sharplink Inc. and Galaxy Digital have launched the Galaxy Sharplink Onchain Yield Fund, an institutional-grade fund designed to deploy capital into onchain yield strategies and identified investments. The fund is the first of its kind, combining Sharplink’s infrastructure with Galaxy Digital’s expertise in digital assets. The announcement comes as Sharplink continues to scale its operations, with revenue rising by 1048.5% in the trailing twelve months, despite remaining unprofitable with an EPS of -9.32. The partnership is expected to enhance Sharplink’s role in the onchain finance ecosystem.
The stock has traded between $4.46 and $28.26 over the past 52 weeks, with a current market cap of $1.2 billion. Recent insider transactions show three directors selling shares totaling $286,000 in the last 90 days, most recently on May 15, 2026. Retail traders on social media platforms have mentioned SBET in the context of potential price movements, though no specific price targets from the crowd are cited. The stock’s beta of 10.56 indicates high volatility, aligning with its exposure to the crypto sector.
The next key event for Sharplink will be the performance of the Galaxy Sharplink Onchain Yield Fund as it begins deploying capital. Investors will also monitor coverage breadth and analyst sentiment in the coming weeks, particularly as the fund’s impact on Sharplink’s revenue and market perception becomes clearer.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Institutional Fund Begins Deploying Capital Across Decentralized Finance and Onchain Yield Strategies NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq:
More on SBET: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier SBET move explainers: 2026-08-10 · 2026-07-27 · 2026-07-17 · 2026-07-14