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SharpLink Plans $200M ETH Deployment on Consensys’ Linea Over Multiple Years
Yahoo Finance·2025-10-29 02:41

SharpLink Gaming (SBET) said it plans to deploy $200 million in ether on Consensys’ Linea over multiple years, using Anchorage custody with ether.fi and EigenCloud to seek on-chain yield. SharpLink framed the plan as a phased, risk-managed program to make its ether treasury “more productive” on a Layer 2 aligned with Ethereum. According to the company, Linea’s zkEVM design offers faster settlement, lower fees and composability with the broader ecosystem, which SharpLink says are prerequisites for institut ...