SharpLink Gaming, Inc. (Nasdaq: SBET), one of the largest Ethereum holding companies in the world, plans to deploy $200 million of ETH from its corporate treasury on Linea, the Ethereum Layer-2 network developed by Consensys.
NEW: SharpLink plans to deploy $200 million through collaboration with , , and . Through this partnership, SharpLink will now have access to an enhanced denominated yield of: – Native staking yield – Direct incentives from Linea and… — SharpLink (SBET) (@SharpLinkGaming)
The move marks a huge collaboration between SharpLink, ether.fi, EigenCloud and Anchorage Digital Bank – showing a new institutional path for on-chain yield generation via DeFi infrastructure. Institutional Treasury Meets DeFi Innovation
SharpLink’s ETH will be deployed through Anchorage Digital Bank, its qualified custodian, and allocated to a combination of staking, re-staking and AI yield strategies built on Linea’s zkEVM architecture.
The strategy combines Ethereum staking rewards, EigenCloud trade-in incentives, and Linea native yield programs, providing the company with diversified ETH-denominated returns.
Joseph Chalom, co-CEO of SharpLink, describes the initiative as a defining moment in institutional crypto treasury management. “As one of the largest public holders of ETH, we manage our treasury with institutional rigor. This deployment allows us to access Ethereum’s best DeFi staking and yields, while maintaining the security and compliance expected by our shareholders,” he said.
Chalom added that the partnership reflects SharpLink’s broader strategy to responsibly improve yield and unlock scalable treasury performance while advancing global adoption of Ethereum.Linea: Building Ethereum’s Institutional Layer
Linea – developed by Consensys, the company behind MetaMask and Infura – is positioned as Ethereum’s high-performance zkEVM Layer-2 designed for enterprises and institutions.
According to Joseph Lubin, founder and CEO of Consensys (and co-founder of Ethereum), Linea is part of a long-term vision to make ETH more “productive” for institutional capital. “Through this collaboration, SharpLink ETH will achieve enhanced native yield through Linea’s ecosystem partners, ether.fi and EigenCloud. This is a model we believe other institutions will adopt,” Lubin said.AI-powered yields and verifiable infrastructure
Sreeram Kannan, founder and CEO of Eigen Labs, highlighted that this partnership lays the foundation for a new “verifiable economy” where AI, DeFi and trustless infrastructure intersect.
“SharpLink’s commitment positions them at the foundation of a verifiable economy – one that supports AI workloads, assured DeFi, and trustless infrastructure secured by ETH,” Kannan noted.
By leveraging EigenCloud’s Verifiable Autonomous Services (AVS), ETH deployed by SharpLink will not only generate investment returns, but also secure decentralized AI models and computing workloads. Paving the way for institutional DeFi
Nathan McCauley, CEO of Anchorage Digital, described the collaboration as the dawn of Ethereum’s “institutional era.” — “At Anchorage Digital, we are proud to leverage SharpLink’s staking solution on Linea, proving that innovation and compliance can go hand in hand,” he said.
This $200 million ETH deployment is expected to be the first phase of a multi-year commitment, with SharpLink and Consensys planning to co-develop programmable liquidity tools, tokenized equity models, and institutional-grade DeFi products.
The message is clear: Ethereum’s next phase of growth is not just decentralized: it is institutional, verifiable, and AI-driven.
