SharpLink Gaming has raised $425 million through a private investment in public equity (PIPE) deal led by blockchain leader Consensys. The sports betting and iGaming company plans to adopt Ethereum as its primary treasury reserve asset, marking a pioneering step in crypto integration for publicly traded firms. Joseph Lubin, Consensys founder and Ethereum co-founder, will join SharpLink’s board as chairman. This strategic move highlights growing Ethereum adoption in the corporate sector and demonstrates confidence following the SEC's lawsuit dismissal against Consensys.
Continue to read SharpLink Gaming Secures $425M PIPE Led by Consensys; Shares Soar 468%
SharpLink Gaming has raised $425 million through a private investment in public equity (PIPE) deal led by blockchain leader Consensys. The sports betting and iGaming company plans to adopt Ethereum as its primary treasury reserve asset, marking a pioneering step in crypto integration for publicly traded firms. Joseph Lubin, Consensys founder and Ethereum co-founder, will join SharpLink’s board as chairman. This strategic move highlights growing Ethereum adoption in the corporate sector and demonstrates confidence following the SEC's lawsuit dismissal against Consensys.
Continue to read SharpLink Gaming Secures $425M PIPE Led by Consensys; Shares Soar 468%
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