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SharpLink to Tokenize SEC-Registered Shares on Ethereum Using Superstate’s Opening Bell

The company casts the move as a shift from an ETH‑heavy treasury toward wallet‑native equity with exploratory AMM trading.

Overview

  • SharpLink appointed Superstate as its Digital Transfer Agent and will natively issue SBET on Ethereum through the Opening Bell platform.
  • Superstate’s CEO said SharpLink will be the first public company to tokenize its shares on Ethereum via Opening Bell.
  • The firms plan to explore pathways for compliant trading of tokenized equities on automated market makers and other DeFi protocols.
  • Tokenized SBET is described as legally equivalent to traditional book‑entry shares while enabling self‑custody and on‑chain integrations.
  • SharpLink reports more than 838,000 ETH accumulated with staking rewards, and SBET fell about 7% in early trading alongside an ETH price drop.