Overview
- Thursday’s deployment completes the first major tranche of SharpLink’s plan to allocate up to $200 million of its Ethereum holdings to Linea.
- Anchorage Digital, ether.fi, and EigenCloud support the setup under a qualified-custody framework tailored to institutional security and compliance.
- The structure layers native ETH staking with EigenCloud restaking plus incentive programs from Linea and EtherFi to enhance returns.
- SharpLink holds 864,840 ETH—about $2.7 billion—making it one of the largest publicly traded corporate Ethereum treasuries.
- SBET shares rose roughly 1.4% on the announcement, while Linea continues to operate with TVL well below its post-token peak and SharpLink maintains consortium ties to the network.