On April 3, 2026, Sharplink, Inc. announced the mutual termination of its asset management agreements with Galaxy Digital Capital Management LP and ParaFi Capital LP. The agreements, originally established on May 30, 2025, were related to discretionary investment management services for the company's Ethereum purchases. The termination will take effect on May 31, 2026, and neither party will have any future obligations under the agreements, aside from amounts specified in the termination agreements. Importantly, Sharplink will not incur any termination fees or penalties as a result of this decision. The company expressed appreciation for the contributions made by both Galaxy and ParaFi in supporting its Ether treasury strategy. This move reflects Sharplink's ongoing evolution, including the addition of internal asset management personnel, and is not attributed to any disagreements with the external managers. The full details of the termination agreements will be included in the upcoming Quarterly Report on Form 10-Q for the quarter ending March 31, 2026.
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