Ethereum Firm Sharplink Posts $686 Million Loss, Kicks Off $125M Yield Fund With Galaxy

Bullish+0.13%
11 May, 16:11
Source: Decrypt

AI Summary

Sharplink reported a $686 million quarterly loss but shares rose on news of a $125 million yield fund collaboration with Galaxy Digital.

Sharplink posted a quarterly net loss of nearly $686 million, but shares are up following word of a $125 million collaboration with Galaxy.