coin-img-ETHETH-1.56%coin-img-BTCBTC-0.70%coin-img-SOLSOL+1.38%coin-img-XRPXRP+0.14%coin-img-LIBBYLIBBY-34.60%coin-img-INTEINTE-49.88%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-0.30%coin-img-ETHETH-1.56%coin-img-BTCBTC-0.70%coin-img-SOLSOL+1.38%coin-img-XRPXRP+0.14%coin-img-LIBBYLIBBY-34.60%coin-img-INTEINTE-49.88%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-0.30%coin-img-ETHETH-1.56%coin-img-BTCBTC-0.70%coin-img-SOLSOL+1.38%coin-img-XRPXRP+0.14%coin-img-LIBBYLIBBY-34.60%coin-img-INTEINTE-49.88%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-0.30%coin-img-ETHETH-1.56%coin-img-BTCBTC-0.70%coin-img-SOLSOL+1.38%coin-img-XRPXRP+0.14%coin-img-LIBBYLIBBY-34.60%coin-img-INTEINTE-49.88%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE-0.30%
user-avatar
Hannah Collymore

Sharplink reports $685.6M Q1 2026 loss, backs $125M onchain yield fund with Galaxy

On May 11, Sharplink Inc. disclosed a $685.6 million net loss for Q1 2026 and said it will partner with Galaxy Digital to launch the Galaxy Sharplink Onchain Yield Fund. As of May 4, the company held 872,984 ETH worth about $1.7 billion, while the new vehicle is set to start with $100 million from Sharplink and $25 million from Galaxy to pursue DeFi lending and trading strategies.
ETH
ETH-1.56%
BTC
BTC-0.73%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Ethereum