0
0
SharpLink Deploys $170M ETH to Linea Network
SharpLink declared it would begin deploying ETH to Linea back in October.
0
0
SharpLink Gaming – the number two publicly traded Ethereum holding company – has deployed $170M ETH to the Linea L2 via ether.fi as part of the $200M treasury strategy announced in October.
What's the Scoop?
- Search for Returns: SharpLink has deployed $170M ETH as part of its broader $200M crypto treasury strategy, which called for the company to deploy digital asset holdings via ether.fi to EigenCloud to earn ETH staking yield, EigenCloud rewards, and token incentives from Linea/ether.fi.
- Close Relationship: Consensys – a prolific Ethereum software developer and crypto investment conglomerate behind products like MetaMask – is also an investor in SharpLink, ether.fi, and Linea.
- New Era: In a post a addressing he move, SharpLink CEO Joseph Chalom wrote that, "2026 marks the beginning of Ethereum’s 'productive era' and a major step function in its adoption curve."
NEW: We just deployed $170M ETH with first-of-it’s-kind enhanced yield on @LineaBuild.
— SharpLink (SBET) (@SharpLink) January 8, 2026
This combines native Ethereum yield, restaking rewards from @eigencloud and direct incentives from @LineaBuild and @ether_fi, all within an institutional-grade qualified custodian thanks to… pic.twitter.com/kMgB40dKwP