SharpLink Outlines $200M Multi-Year Ether Strategy on Consensys’ Linea Network
October 29, 2025 — SharpLink Gaming (SBET) plans to deploy up to $200 million in ether (ETH) over the coming years on Consensys’ Linea, leveraging a mix of staking, restaking, and on-chain yield strategies through institutional-grade partners.
The company said it will use Anchorage Digital as its qualified custodian, combining ether.fi staking with EigenCloud restaking to enhance returns while maintaining strict compliance and governance controls. SharpLink described the initiative as a phased, risk-adjusted treasury program rather than a one-time capital deployment.
According to the release, Linea’s zkEVM design — which offers faster settlements, reduced fees, and full compatibility with the Ethereum ecosystem — makes it a natural choice for the company’s institutional DeFi operations. The plan integrates three primary yield streams: ETH staking rewards, restaking incentives, and ecosystem-based rewards from Linea and its partners.
A portion of returns will be tied to EigenCloud, a service built on EigenLayer that compensates node operators for securing “autonomous verifiable services,” including decentralized AI workloads.
Custody and execution through Anchorage Digital Bank aim to provide “institutional-grade guardrails,” SharpLink said, ensuring its yield strategy aligns with corporate treasury standards and shareholder expectations.
SharpLink co-CEO Joseph Chalom said the initiative is designed to unlock staking and DeFi yields “without sacrificing controls or transparency.” Consensys founder and SharpLink chairman Joseph Lubin added that Linea’s infrastructure could serve as a blueprint for other institutions seeking to make their ether holdings more productive.
The two companies also plan to co-develop future capital markets applications on Linea, including tools for on-chain fundraising, programmable liquidity, and tokenized equity issuance — signaling a longer-term push into institutional DeFi.
