Overview

• SharpLink announced a confirmed partnership with Superstate to issue tokenized SBET shares on Ethereum, designating Superstate as its digital transfer agent and using the Opening Bell platform.
• The firm says the tokenized shares will retain full parity with traditional equity while enabling self-custody in digital wallets and integration with on-chain financial products.
• SharpLink and Superstate plan to research compliant pathways for secondary trading of tokenized equity on automated market makers and other DeFi protocols, with approvals and structure still to be determined.
• Key mechanics remain unresolved, including the implementation timeline, regulatory route, and how existing shareholders could migrate or hold tokenized versus book-entry shares.
• The move extends SharpLink’s Ethereum-focused strategy, as the company reports holding more than 838,000 ETH and thousands of ETH in staking rewards since launching its treasury program in June.