Galaxy Digital (GLXY) has an asset management agreement with SharpLink (SBET) to manage and stake SBET's ETH treasury. This agreement could generate significant high-margin fees for GLXY, potentially reaching $50 million annually if SBET's treasury grows to $10 billion (with GLXY managing half). This revenue stream alone could be valued at $500 million, representing a substantial return on GLXY's initial $5 million investment in SBET.