SharpLink to Gradually Deploy $200M in Ether on Consensys’ Linea Network
October 29, 2025 — SharpLink Gaming (NASDAQ: SBET) announced plans to deploy $200 million in ether (ETH) on Consensys’ Linea network over the next several years, marking one of the largest institutional staking and restaking initiatives on an Ethereum Layer 2.
The company said it will use Anchorage Digital Bank for qualified custody and execution, while integrating ether.fi and EigenCloud to generate on-chain yield through a mix of staking, restaking, and ecosystem incentives.
According to SharpLink, the multi-year program is structured as a phased, risk-managed treasury strategy aimed at making its ETH holdings more productive within a fully compliant institutional framework. The company highlighted Linea’s zkEVM architecture, citing faster settlement, lower fees, and Ethereum compatibility as key factors in the decision.
Multi-Stream Yield Model
SharpLink outlined three main yield components:
- Native ETH staking for baseline rewards.
- ether.fi staking and restaking, described as institutional-grade yield infrastructure.
- Linea ecosystem incentives, complemented by additional rewards from EigenCloud for securing autonomous verifiable services built on EigenLayer, including AI-related workloads.
Anchorage’s role ensures all operations remain under qualified custody, aligning staking and DeFi exposure with public-company governance and reporting standards.
Institutional Strategy and Leadership Comments
Co-CEO Joseph Chalom said the program reflects SharpLink’s intent to “capture on-chain yield opportunities without compromising on controls or compliance.”
Joseph Lubin, founder of Consensys and SharpLink’s chairman, added that Linea’s design enables “institutional-grade productivity for ETH,” and that SharpLink’s model could serve as a blueprint for future corporate deployments.
Next Phase: Building Capital Market Infrastructure
Beyond staking, SharpLink said it will collaborate with Consensys to co-develop new financial primitives on Linea, including tokenized equity strategies, programmable liquidity products, and blockchain-based capital-raising tools. These efforts remain in early development and will roll out gradually over time.

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