SharpLink Gaming allocates $200 million in Ethereum to Linea’s zkEVM Layer 2, combining staking and restaking services to generate enhanced institutional yields.
By José Rafael Peña Gholam
Editor Marco T. Lanz
Updated
2 mins read
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.
NEW: SharpLink plans to deploy $200M of $ETH on @LineaBuild through a collaboration with @ether_fi, @eigenlayer, and @Anchorage.
Through this partnership, SharpLink will now access enhanced $ETH-denominated yield from:
– Native staking yield
– Direct incentives from Linea and… pic.twitter.com/1bRXO1vZ6l— SharpLink (SBET) (@SharpLinkGaming) October 28, 2025
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.
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.
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.
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.
