SharpLink Gaming (SBET)announced a collaboration to deploy ETH from its corporate treasury onto Linea, a zkEVM Layer 2 network bootstrapped by Consensys. SharpLink plans to allocate $200 million in ETH for deployment on Linea in a risk-managed manner over a multi-year commitment period. As a public entity operating at the forefront of Digital Asset Treasury innovation, SharpLink is leveraging Linea’s institutional-grade infrastructure to make its ETH even more productive by unlocking scalable, secure and composable ways to optimize onchain yield.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBET:
- Crypto Currents: Markets eye Fed, China trade talks
- Crypto Currents: Coinbase acquires capital raising platform Echo
- Mixed options sentiment in Sharplink Gaming Inc with shares down 6.76%
- Crypto Currents: Coinbase acquires Echo as whales move to ETFs
- Mixed options sentiment in Sharplink Gaming Inc with shares down 2.97%