Based in Minneapolis, Minnesota SharpLink Gaming, Inc. is a Nasdaq-listed company trading under the SBET ticker symbol. Interestingly, it is set to make a historic one and finally adopt Ethereum (ETH) as its main treasury reserve asset. This move puts SharpLink to become the world’s largest publicly traded company to adopt Ethereum in this way. SharpLink Gaming, Inc will ring the Nasdaq Stock Market closing bell on Monday, July 7, 2025. It provides an opportunity to reflect on a huge accomplishment in the company’s strategic metamorphosis. SharpLink is focused on making quick work of the multi-billion dollar iGaming industry. They intend to do that by maximizing the use of smart contracts, DeFi protocols, and Web3 infrastructure.
SharpLink Gaming, Inc. is strategically adopting Ethereum (ETH) as a core treasury reserve asset, signaling a significant shift in its corporate strategy. This decision further demonstrates their focus on innovation and their confidence in blockchain technology’s transformative power.
The mission of the company is to build scalable, secure, and transparent solutions. All of these innovations will upend these archaic models and create a vastly improved customer experience. Payment and crypto infrastructure SharpLink is bringing Ethereum on-chain to its payments flow. This strategic acquisition is designed to enhance its offering and accelerate expansion in the rapidly-evolving iGaming space.
SharpLink Gaming, Inc. is led by a team of highly experienced technology and gaming executives. They each bring incredible wealth of knowledge of the sports media, gaming and technology landscape. This expertise places the company in a strong position to navigate the nuances of the iGaming industry and leverage new opportunities as they arise.
Joseph Lubin, Co-Founder of Ethereum, and the Chairman of SharpLink Gaming, Inc. His extensive experience in the blockchain space ensures the irreplaceable know-how for technology development and proves the company’s focus on harnessing Ethereum’s potential.
"We believe Ethereum is integral to the next wave of financial innovation." - Joseph Lubin, Chairman of SharpLink and Co-Founder of Ethereum
Rob Phythian is the energetic CEO of SharpLink Gaming, Inc. Through his passionate, fearless leadership and disciplined, inspiring vision, he’s the architect behind the company’s strategic initiatives. Together, Lubin and Phythian are steering SharpLink towards becoming a leader in the integration of blockchain technology within the iGaming industry.
The company has also decided to use Ethereum as a treasury reserve asset. This step reflects an accelerating trend of institutional adoption of crypto and blockchain, as we’ve seen from Endeavor’s recent move. As more companies explore the potential of digital assets, SharpLink's move could set a precedent for others in the iGaming industry and beyond.
SharpLink’s investor relations team is standing by to help you. Contact Sean Mansouri, CFA, or Aaron D’Souza of Elevate IR to learn more and get your questions answered. The company keeps specific channels open for press inquiries (media@sharplink.com) and investor relations (ir@sharplink.com).
The Nasdaq closing bell ceremony on July 7, 2025, will serve as a symbolic event, highlighting SharpLink's commitment to innovation and its position as a leader in the evolving iGaming landscape. The event will be an opportunity for the car company to share its overall vision. In doing so, it will showcase the strategic direction to a global audience.
"Ringing the Nasdaq closing bell is more than symbolic for SharpLink. It marks a bold new chapter." - Rob Phythian, SharpLink CEO
As a result, SharpLink Gaming, Inc. is obligated to account for specific crypto assets based on fair value in accordance with U.S. generally accepted accounting principles. This new accounting treatment creates much-needed transparency and gives public investors an accurate view of the financial position of the company.
For more information about how SharpLink intends to lead the ongoing transformation of its industry, visit sharplinksolutions.com. By entering ETH into our treasury management operations, we make that commitment stronger. The company is committed to a long-term, resilient and transparent store of value. This strategy builds institutional confidence and accelerates sustainable, long-term prosperity.
"By integrating ETH into our treasury operations, we are embracing a resilient and transparent store of value that embodies technological progress and promotes institutional trust. This move represents a natural extension of SharpLink’s innovative DNA and our commitment to staying at the forefront of industry transformation." - Joseph Lubin, Chairman of SharpLink and Co-Founder of Ethereum
It means that SharpLink has chosen to use Ethereum as a treasury reserve asset. This action further demonstrates the growing awareness of the potential benefits of blockchain technology in the corporate sector. As anyone aware of the iGaming industry will tell you, it’s changing at a blistering pace. Companies across the space including SharpLink are dynamically capturing opportunities in digital assets and decentralized finance.
The adoption of Ethereum checks multiple boxes on SharpLink’s roadmap to building a more transparent, secure, and innovative betting experience. Through the use of smart contracts and DeFi protocols, the small company has a unique opportunity to mitigate these dangers of old models. This unique strategy provides better value to its customers.
SharpLink Gaming, Inc.'s strategic decision to embrace Ethereum as a core treasury reserve asset marks a significant step forward in the integration of blockchain technology within the iGaming industry. The company’s commitment to innovation runs deep. With a savvy, productive leadership team at the helm, it’s positioned for an even greater boom and past success in the years to come.
SharpLink's investor relations team is actively engaging with shareholders to provide updates on the company's strategic initiatives and financial performance. This initiative builds trust and transparency and creates valuable relationships with the investment community.
The company's media relations team is working to raise awareness of SharpLink's innovative approach and its potential to transform the iGaming industry. With smart media outreach, SharpLink seeks to galvanize interest from fresh customers and partners and potential investors, too, in its rapidly advancing vision.
SharpLink is dedicated to creating sustainable, long-term value for its shareholders. The company went on to adopt Ethereum as a treasury reserve asset, further demonstrating its commitment to innovation. This move is indicative of its willingness to be an early adopter of new technologies.
Management is bullish on a bevy of strategic initiatives. They look at these plans as an investment that will help them power sustainable growth and deliver long-term value for shareholders. SharpLink Gaming, Inc SharpLink is making very important strides in executing its vision and delivering on its potential and promises.
SharpLink takes a big step into Ethereum. The company says it views this step as critical for its continued competitiveness in the rapidly evolving iGaming industry. Unity Technologies Inc. Unity is committed to being on the cutting edge. It continually pushes the envelope to use the newest technologies to give its customers the most premium experience possible.
