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SharpLink Stakes $170M ETH on Linea with Multi-Yield Strategy
Source: CryptoNewsNet Original Title: Ethereum treasury firm SharpLink stakes $170M ETH on Linea network Original Link: SharpLink Gaming (SBET) has deployed $170 million worth of ETH into a yield strategy on Consensys’ Linea, moving from planning into execution for a multi-year treasury program first outlined late last year.
The strategy combines native Ethereum staking yield with restaking rewards through provider EigenCloud and incentives from Linea and ether.fi, all under a qualified custodian structure through Anchorage Digital.
The deployment follows SharpLink’s earlier disclosure that it intended to allocate up to $200 million of ETH to Linea over multiple years.
The firm framed the setup as an institutional version of a trade that has become popular across crypto-native markets: stacking multiple yield streams on top of ETH while keeping operational controls tight.