BlockBeats news, on August 7, according to official news, SharpLink Gaming announced a targeted financing of $200 million through a private placement, with an issue price of $19.50 per share, led by four global institutional investors.
This round of funding will be used to expand the company's Ethereum (ETH) reserves, and it is expected that after full deployment, SharpLink Gaming's Ethereum asset scale will exceed $2 billion.