SharpLink Gaming bought 10,000 ETH from the Ethereum Foundation, signaling a serious institutional shift toward blockchain treasury models.
By staking its ETH, SharpLink aims to support Ethereum’s decentralization while modeling responsible long-term crypto adoption in Web3.
SharpLink merges iGaming with Ethereum smart contracts to build transparent betting solutions and lead innovation in a multi-billion-dollar market.
SharpLink Gaming has made headlines by acquiring 10,000 ETH directly from the Ethereum Foundation for $25.7 million. The deal closed on July 10, 2025, at an average price of $2,572.37 per ETH. This bold move makes SharpLink the world’s largest publicly traded company to adopt Ethereum as its primary treasury reserve asset. The purchase underscores growing institutional trust in Ethereum’s role as a core pillar of the Web3 economy and decentralized finance.
A Long-Term Ethereum Commitment
SharpLink Chairman Joseph Lubin, also an Ethereum Co-Founder, called the move a long-term commitment—not a speculative trade. He explained the company’s ETH purchase as part of its mission to support Ethereum’s strength and decentralization. Moreover, SharpLink plans to stake and restake the ETH, effectively removing it from circulation.
Besides holding ETH, the company intends to contribute to Ethereum’s ecosystem stability and long-term viability. Lubin emphasized the broader purpose: to lead by example in responsible crypto adoption. Hence, this model offers a new template for mission-driven organizations seeking real participation in Web3 finance.
Redefining the Future of iGaming
At the nexus of blockchain innovation, sports betting, and online gaming is where SharpLink operates. The business is modernizing the iGaming industry by utilizing Web3 tools, Ethereum smart contracts, and DeFi protocols. SharpLink has a strong foundation in the sector and strives to provide betting solutions that are transparent, safe, and scalable.
Additionally, the business thinks decentralization can improve an industry worth billions of dollars by bringing efficiency and equity. SharpLink sets a standard for public corporations joining Web3 by integrating Ethereum into its financial strategy. This innovative strategy shows how traditional businesses are starting to see blockchain as infrastructure rather than merely technology.
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