SharpLink Gaming, Inc. Announces $200M ETH Deployment on Consensys’ Linea

SharpLink Gaming, Inc. (Nasdaq: SBET) announced on October 28, 2025, its plan to deploy $200 million of its Ether (ETH) treasury on Consensys Software Inc.’s Linea, a zkEVM Layer 2 network. This deployment aims to access enhanced Ethereum DeFi yield at scale, leveraging institutional-grade staking and restaking offerings from ether.fi and EigenCloud. The strategy includes native Ethereum yield, restaking rewards, and direct Linea and ether.fi partner incentives, all within a compliant Layer 2 infrastructure. SharpLink’s ETH is held and deployed through Anchorage Digital Bank, setting a new benchmark for ETH treasury strategies. The collaboration positions Linea as an emerging home for institutional ETH capital and reinforces SharpLink’s institutional approach to actively managing and deploying its treasury assets.