menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Blockchain News

>

SharpLink ...
source image

TronWeekly

4w

read

150

img
dot

Image Credit: TronWeekly

SharpLink and Consensys Secure $425M to Build Largest Public Ethereum Treasury

  • SharpLink Gaming secured a $425 million private placement to hold Ethereum as its main treasury reserve asset, making it the largest public ETH holder globally.
  • Joseph Lubin, Ethereum co-founder and Consensys CEO, joined SharpLink's board after the $425 million treasury funding.
  • SharpLink's Ethereum treasury will include DeFi and staking, marking a Nasdaq-listed first and reflecting a growing trend of companies diversifying into digital assets.
  • SharpLink's shares experienced high volatility following the treasury announcement, dropping over 38% on Monday despite the company's strategic shift towards Ethereum.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app