Ethereum Staking In Focus: SharpLink Considers Linea For Treasury Yield – Details

Source Bitcoinist

SharpLink is weighing a bold move that could reshape how corporations manage digital assets. Presently, the company is exploring the option of staking a portion of its Ethereum on the Linea network.

What Staking Ethereum Means For SharpLink

SharpLink Gaming (NASDAQ: SBET), one of the largest Ethereum treasury firms, is taking a step into the future of decentralized finance, with plans to stake a portion of its massive $3.6 billion ETH treasury on the Linea layer-2 network. 

According to Co-CEO Joseph Chalom, this strategic decision will help diversify the company’s staking strategy while actively contributing to the growth of the Ethereum ecosystem. By choosing to explore staking on Linea, the company is signaling a strong belief in ETH scaling solutions, which comes as Linea prepares for its official mainnet launch on September 10.

The company has also joined the Linea Consortium, which oversees the distribution of 75% of the LINEA token supply. This strategic alliance helps SharpLink advance its own financial goals and also positions it as a key partner in the long-term development and governance of the Linea network.

In an X post, SharpLink Gaming makes a clear statement that the company is fully compliant with Nasdaq rules and does not require further shareholder approvals to execute its At-the-Market (ATM) program for funding Ethereum purchases.

SharpLink’s core strategy remains focused on raising capital only when it is accretive for shareholders, which adds to the value of the company’s stock. Recent media reports have suggested that some Digital Asset Trust (DAT) companies may need shareholder approval before issuing new shares to fund crypto acquisitions.

However, these reports likely reference newer DATs that may face challenges meeting Nasdaq requirements or are under increased regulatory scrutiny. SharpLink maintains a rigorous commitment to compliance and transparency, ensuring all its transactions are conducted in accordance with Nasdaq rules and industry best practices.

Institutional Inflows Fuel Ethereum Momentum

The Ethereum narrative has shifted from a speculative play to a deeply convictional institutional bet. Amid this shift, CryptoBusy has revealed that Ethereum has seen a massive price surge of nearly 200% since April, driven by a confluence of powerful on-chain and institutional forces.

According to recent data, Whales have added 5.54 million ETH to their holdings, reinforcing confidence in Ethereum’s long-term potential. Institutional bets are intensifying, with BitMine $65 million ETH purchase, and other major players increasing their exposure. Meanwhile, $151 million of ETH has moved into Aave, showing robust demand within the DeFi ecosystem.

ETF inflows reached $3.87 billion in August alone, further strengthening ETH’s performance. These combined forces are building a solid structural floor under Ethereum, reinforcing market conviction and positioning ETH as a top-tier cyclical leader.

Ethereum
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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