SharpLink Gaming Increases Ethereum Holdings as Joseph Lubin Highlights Alignment with ETH and LINEA
The post SharpLink Gaming Increases Ethereum Holdings as Joseph Lubin Highlights Alignment with ETH and LINEA appeared on BitcoinEthereumNews.com.
SharpLink Gaming (SBET) has significantly increased its Ethereum (ETH) holdings by acquiring 10,000 ETH directly from the Ethereum Foundation, signaling a strong institutional commitment to Ethereum-based assets. Joseph Lubin, co-founder of Ethereum and Consensys, affirmed the strategic alignment of SBET, ETH, and the upcoming LINEA token as core components of Ethereum’s evolving ecosystem. Spot Ethereum ETFs have surged to $10.51 billion in assets under management, underscoring growing institutional demand for regulated Ethereum investment vehicles. SharpLink Gaming boosts ETH holdings amid rising institutional interest; Joseph Lubin confirms SBET, ETH, and LINEA as key Ethereum-aligned assets supporting ecosystem growth. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); SharpLink Gaming’s Strategic ETH Acquisition Highlights Institutional Confidence SharpLink Gaming’s recent purchase of 10,000 ETH from the Ethereum Foundation marks a pivotal moment for institutional investors seeking indirect exposure to Ethereum’s value proposition. This acquisition not only enhances SBET’s portfolio but also positions the company as a unique public entity offering ETH-linked investment opportunities without requiring direct cryptocurrency custody. The move has been positively received by the market, with SBET shares rising over 17% in premarket trading, reflecting investor optimism about Ethereum’s long-term potential. Joseph Lubin Endorses SBET, ETH, and LINEA as Integral Ethereum Ecosystem Assets Joseph Lubin, a foundational figure behind Ethereum and Consensys, publicly confirmed that SBET, ETH, and the forthcoming LINEA token are fully aligned with Ethereum’s core development goals. Lubin…
Filed under: News - @ July 14, 2025 4:18 am