Highlights: SharpLink has announced plans to deploy $200M in ETH on Linea via ether.fi and EigenCloud. The move is targeted towards generating higher DeFi returns for SharpLink Gaming. The deployment will happen gradually, mirroring a risk-managed multi-year strategy. SharpLink Gaming, one of the world’s largest Ethereum (ETH) holders, has advanced its effort to boost Ethereum adoption and treasury productivity. According to a recent press release, the Ethereum holding firm plans to deploy $200 million worth of ETH from its corporate treasury onto Linea. Developed by Consensys, Linea is a Layer 2 network and a major Ethereum contributor, backed by top investors like Microsoft and Coinbase Ventures. SharpLink stated that the ETH deployment will happen gradually under a risk-managed multi-year strategy. The company also plans to leverage the growing opportunities within Ethereum staking, restaking, and Decentralized Finance (DeFi) ecosystems for more yields. NEW: SharpLink plans to deploy $200M of $ETH on @LineaBuild through a collaboration with @ether_fi, @eigenlayer, and @Anchorage. Through this partnership, SharpLink will now access enhanced $ETH-denominated yield from: – Native staking yield– Direct incentives from Linea and… pic.twitter.com/1bRXO1vZ6l — SharpLink (SBET) (@SharpLinkGaming) October 28, 2025 SharpLink to Earn ETH-Based Yields By moving funds to Linea, SharpLink hopes to earn secure and high ETH-based returns via three key sources. They include native Ethereum yield, restaking rewards from EigenCloud services, and incentives from Linea and ether.fi, its staking partner. Notably, SharpLink’s assets will remain under the custody of Anchorage Digital Bank, a regulated US custodian, to ensure security and compliance. Joseph Chalom, SharpLink’s Co-CEO, reacted to the move, noting that it reflects the company’s professional approach to digital assets’ investments. The Co-CEO also stated that his company is proud to be one of the early institutional adopters of Linea. Chalom added: “This is a foundational step in our strategy to  generate enhanced staking yield and optimize treasury performance in a way that maximizes stockholder value.” SharpLink Drives Ecosystem Collaboration By integrating Consensys, either.fi, Eigen Labs, and Anchorage Digital, SharpLink has opened a new pathway for DeFi yields on Ethereum. Joseph Lublin, Consensys Founder and CEO, sees the partnership as a blueprint for institutional blockchain finance. He added that Ethereum has evolved into a programmable foundation for modern financial markets, enabling on-chain asset movement and expansion. The CEO also stated that Linea will make ETH more productive for adopters to earn greater on-chain returns. Mike Silagadze, either.fi’s CEO expressed excitement about the partnership, reiterating his company’s commitment to bringing the best risk-adjusted returns to institutions. “At scale, ETH treasury managers need trusted, efficient venues to put their assets to work – and these companies are setting the standard for doing so with both trust and operational excellence,” Silagadze added. Sreeram Kannan, Eigen Labs’ CEO and Founder, also spoke about the partnership. He said the move placed SharpLink at the center of Ethereum’s restaking ecosystem. He also noted that the integration will help EigenCloud to power a new wave of Ethereum-based services, spanning verifiable AI, insured DeFi, and decentralized infrastructure. We are very proud to partner with Sharplink x Linea, EigenCloud, and Anchorage Digital to push the DAT x DeFi relationship to the next level.https://t.co/gbHcksxzp2 redefines institutional participation in DeFi with a powerful combination of, liquidity, scale, and rewards. https://t.co/m1Dedlth1u pic.twitter.com/tLsNapm4T0 — ether.fi (@ether_fi) October 28, 2025 Ethereum’s Price Dips Slightly as SharpLink Deploys $200M in ETH At the time of writing, Ethereum is trading at about $4,105, following a 1.2% decline in the past 24 hours. Within the same timeframe, ETH fluctuated between $4,072.42 and $4,231.28 with a trading volume of $26.82 billion. Other extended period price change data, including their 7-day-to-date and month-to-date variables, reflected increments of about 6.3% and 3%, respectively. Meanwhile, SharpLink currently holds 860,299 ETH worth roughly $3.58 billion. The company paid an average of $3,609 per ETH token. It has also accumulated 6,116 ETH as proceeds from staking rewards. Source: CoinGecko eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Highlights: SharpLink has announced plans to deploy $200M in ETH on Linea via ether.fi and EigenCloud. The move is targeted towards generating higher DeFi returns for SharpLink Gaming. The deployment will happen gradually, mirroring a risk-managed multi-year strategy. SharpLink Gaming, one of the world’s largest Ethereum (ETH) holders, has advanced its effort to boost Ethereum adoption and treasury productivity. According to a recent press release, the Ethereum holding firm plans to deploy $200 million worth of ETH from its corporate treasury onto Linea. Developed by Consensys, Linea is a Layer 2 network and a major Ethereum contributor, backed by top investors like Microsoft and Coinbase Ventures. SharpLink stated that the ETH deployment will happen gradually under a risk-managed multi-year strategy. The company also plans to leverage the growing opportunities within Ethereum staking, restaking, and Decentralized Finance (DeFi) ecosystems for more yields. NEW: SharpLink plans to deploy $200M of $ETH on @LineaBuild through a collaboration with @ether_fi, @eigenlayer, and @Anchorage. Through this partnership, SharpLink will now access enhanced $ETH-denominated yield from: – Native staking yield– Direct incentives from Linea and… pic.twitter.com/1bRXO1vZ6l — SharpLink (SBET) (@SharpLinkGaming) October 28, 2025 SharpLink to Earn ETH-Based Yields By moving funds to Linea, SharpLink hopes to earn secure and high ETH-based returns via three key sources. They include native Ethereum yield, restaking rewards from EigenCloud services, and incentives from Linea and ether.fi, its staking partner. Notably, SharpLink’s assets will remain under the custody of Anchorage Digital Bank, a regulated US custodian, to ensure security and compliance. Joseph Chalom, SharpLink’s Co-CEO, reacted to the move, noting that it reflects the company’s professional approach to digital assets’ investments. The Co-CEO also stated that his company is proud to be one of the early institutional adopters of Linea. Chalom added: “This is a foundational step in our strategy to  generate enhanced staking yield and optimize treasury performance in a way that maximizes stockholder value.” SharpLink Drives Ecosystem Collaboration By integrating Consensys, either.fi, Eigen Labs, and Anchorage Digital, SharpLink has opened a new pathway for DeFi yields on Ethereum. Joseph Lublin, Consensys Founder and CEO, sees the partnership as a blueprint for institutional blockchain finance. He added that Ethereum has evolved into a programmable foundation for modern financial markets, enabling on-chain asset movement and expansion. The CEO also stated that Linea will make ETH more productive for adopters to earn greater on-chain returns. Mike Silagadze, either.fi’s CEO expressed excitement about the partnership, reiterating his company’s commitment to bringing the best risk-adjusted returns to institutions. “At scale, ETH treasury managers need trusted, efficient venues to put their assets to work – and these companies are setting the standard for doing so with both trust and operational excellence,” Silagadze added. Sreeram Kannan, Eigen Labs’ CEO and Founder, also spoke about the partnership. He said the move placed SharpLink at the center of Ethereum’s restaking ecosystem. He also noted that the integration will help EigenCloud to power a new wave of Ethereum-based services, spanning verifiable AI, insured DeFi, and decentralized infrastructure. We are very proud to partner with Sharplink x Linea, EigenCloud, and Anchorage Digital to push the DAT x DeFi relationship to the next level.https://t.co/gbHcksxzp2 redefines institutional participation in DeFi with a powerful combination of, liquidity, scale, and rewards. https://t.co/m1Dedlth1u pic.twitter.com/tLsNapm4T0 — ether.fi (@ether_fi) October 28, 2025 Ethereum’s Price Dips Slightly as SharpLink Deploys $200M in ETH At the time of writing, Ethereum is trading at about $4,105, following a 1.2% decline in the past 24 hours. Within the same timeframe, ETH fluctuated between $4,072.42 and $4,231.28 with a trading volume of $26.82 billion. Other extended period price change data, including their 7-day-to-date and month-to-date variables, reflected increments of about 6.3% and 3%, respectively. Meanwhile, SharpLink currently holds 860,299 ETH worth roughly $3.58 billion. The company paid an average of $3,609 per ETH token. It has also accumulated 6,116 ETH as proceeds from staking rewards. Source: CoinGecko eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

SharpLink to Deploy $200M in ETH on Linea via ether.fi and EigenCloud for Higher DeFi Returns

2025/10/29 01:16

Highlights:

  • SharpLink has announced plans to deploy $200M in ETH on Linea via ether.fi and EigenCloud.
  • The move is targeted towards generating higher DeFi returns for SharpLink Gaming.
  • The deployment will happen gradually, mirroring a risk-managed multi-year strategy.

SharpLink Gaming, one of the world’s largest Ethereum (ETH) holders, has advanced its effort to boost Ethereum adoption and treasury productivity. According to a recent press release, the Ethereum holding firm plans to deploy $200 million worth of ETH from its corporate treasury onto Linea. Developed by Consensys, Linea is a Layer 2 network and a major Ethereum contributor, backed by top investors like Microsoft and Coinbase Ventures.

SharpLink stated that the ETH deployment will happen gradually under a risk-managed multi-year strategy. The company also plans to leverage the growing opportunities within Ethereum staking, restaking, and Decentralized Finance (DeFi) ecosystems for more yields.

SharpLink to Earn ETH-Based Yields

By moving funds to Linea, SharpLink hopes to earn secure and high ETH-based returns via three key sources. They include native Ethereum yield, restaking rewards from EigenCloud services, and incentives from Linea and ether.fi, its staking partner. Notably, SharpLink’s assets will remain under the custody of Anchorage Digital Bank, a regulated US custodian, to ensure security and compliance.

Joseph Chalom, SharpLink’s Co-CEO, reacted to the move, noting that it reflects the company’s professional approach to digital assets’ investments. The Co-CEO also stated that his company is proud to be one of the early institutional adopters of Linea.

Chalom added:

SharpLink Drives Ecosystem Collaboration

By integrating Consensys, either.fi, Eigen Labs, and Anchorage Digital, SharpLink has opened a new pathway for DeFi yields on Ethereum. Joseph Lublin, Consensys Founder and CEO, sees the partnership as a blueprint for institutional blockchain finance. He added that Ethereum has evolved into a programmable foundation for modern financial markets, enabling on-chain asset movement and expansion. The CEO also stated that Linea will make ETH more productive for adopters to earn greater on-chain returns.

Mike Silagadze, either.fi’s CEO expressed excitement about the partnership, reiterating his company’s commitment to bringing the best risk-adjusted returns to institutions. “At scale, ETH treasury managers need trusted, efficient venues to put their assets to work – and these companies are setting the standard for doing so with both trust and operational excellence,” Silagadze added.

Sreeram Kannan, Eigen Labs’ CEO and Founder, also spoke about the partnership. He said the move placed SharpLink at the center of Ethereum’s restaking ecosystem. He also noted that the integration will help EigenCloud to power a new wave of Ethereum-based services, spanning verifiable AI, insured DeFi, and decentralized infrastructure.

Ethereum’s Price Dips Slightly as SharpLink Deploys $200M in ETH

At the time of writing, Ethereum is trading at about $4,105, following a 1.2% decline in the past 24 hours. Within the same timeframe, ETH fluctuated between $4,072.42 and $4,231.28 with a trading volume of $26.82 billion. Other extended period price change data, including their 7-day-to-date and month-to-date variables, reflected increments of about 6.3% and 3%, respectively.

Meanwhile, SharpLink currently holds 860,299 ETH worth roughly $3.58 billion. The company paid an average of $3,609 per ETH token. It has also accumulated 6,116 ETH as proceeds from staking rewards.

Source: CoinGecko

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9
Visit eToro

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33