SharpLink is aiming high. The Minneapolis-based company announced a bold strategic move: it will allocate no less than US$ 200 million in Ethereum on a route that connects some of the most promising technologies in the crypto ecosystem.
Instead of simply doing staking, the company goes much further. The assets will be transferred to Linea, the second-layer network based on zkEVM created by Consensys. There, they will go through platforms like ether.fi and EigenCloud, allowing SharpLink to explore advanced restaking opportunities and generate yield while helping to ensure innovative services like verifiable artificial intelligence.
The custody and management of these funds will be in the hands of Anchorage Digital Bank, ensuring that everything occurs within the standards required by institutional investors and regulators. The allocation will be made gradually, following the evolution of services on the network and yield opportunities.
"We are accessing the best that Ethereum has to offer in staking, restaking, and DeFi, without giving up the institutional security that our shareholders expect," commented Joseph Chalom, co-CEO of SharpLink. "Being one of the first to adopt the Linea infrastructure places us at the forefront of the Ethereum ecosystem."
With over 859 thousand ETH in its corporate treasury, SharpLink does not hide its ambition: to transform parked capital into a growth engine, helping to consolidate the next generation of blockchain and AI-based services.
@Linea.eth #Linea $LINEA
