Key Notes

• World’s second-largest corporate Ethereum holder moves treasury assets to Layer 2 infrastructure for optimized institutional returns.
• Strategic deployment through Anchorage Digital Bank ensures compliance while accessing native staking, restaking, and partner yield opportunities.
• SBET stock shows minimal market reaction with 0.80% decline despite significant treasury management announcement.

SharpLink Gaming, Inc. (Nasdaq: SBET), recognized as the world’s second-largest corporate holder of Ethereum

ETH
$4 142

24h volatility:
2.0%

Market cap:
$499.75 B

Vol. 24h:
$30.67 B

, has announced a strategic move to deploy $200 million in ETH from its treasury to Linea, ConsenSys’ zkEVM Layer 2 network.

The company’s allocation strategy leverages institutional-grade staking and restaking services from ether.fi and EigenCloud to generate enhanced DeFi yields. The ETH assets are safeguarded and deployed through Anchorage Digital Bank, which ensures compliance and sets a new standard for digital asset treasury practices, according to the announcement.

Institutional Yield Strategy and Layer 2 Infrastructure

This deployment is optimized for institutional DeFi yields, combining native Ethereum staking rewards, restaking incentives from EigenCloud’s Autonomous Verifiable Services, and unique partner yields—all coordinated within Linea’s compliant infrastructure.

Linea, designed for high-volume institutional operations, offers lower fees and faster settlements while providing composability with the broader Ethereum ecosystem. SharpLink’s move establishes a new institutional pathway for ETH capital, reinforcing its disciplined treasury management and advocacy for Ethereum adoption, according to the press release.

Related article: Ethereum Shows ‘Strong Bounceback’ Amid Massive Fund Holdings Growth, $4,300 Next?

Joseph Chalom, Co-CEO of SharpLink, emphasized the firm’s commitment to responsible asset deployment and enhanced yield generation, citing the institutional safeguards maintained for stakeholders.

This movement is similar to what ETHZilla did in September 2024, when they restaked $100M with Ether.fi and EigenCloud, showing a path that most Ethereum treasuries will follow to improve their returns.

How was the reaction to the stocks of SharpLink?

SharpLink Gaming trades under the ticker SBET on Nasdaq. As of today, SBET stock has seen low activity, reflecting only a few investors’ attention following the announcement of this ETH deployment. Its share price is down only 0.80%, with a low volume of 3 million shares, according to Yahoo! Finance.

Graph of SharpLink stock prices over time | Source: Yahoo! Finance

The company’s position as the second-largest Ethereum treasury holder is viewed as instrumental in supporting liquidity and confidence in broader digital capital markets and is now generating yield through DeFi.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News,Ethereum News,News

José Rafael Peña Gholam

José Rafael Peña Gholam is a cryptocurrency journalist and editor with 9 years of experience in the industry. He wrote at top outlets like CriptoNoticias, BeInCrypto, and CoinDesk. Specializing in Bitcoin, blockchain, and Web3, he creates news, analysis, and educational content for global audiences in both Spanish and English.

José Rafael Peña Gholam on LinkedIn