SharpLink Invests $200 Million in Ethereum on Linea for DeFi & Staking

SharpLink, a prominent player in the gaming industry, has allocated a substantial $200 million in ETH to Consensys’ Linea network. This strategic investment will be leveraged for staking and DeFi activities, leveraging partnerships with ether.fi, EigenLayer, and Anchorage. This deployment marks a significant milestone in institutional adoption of Layer 2 technology on Ethereum, potentially influencing similar initiatives across the cryptocurrency sector.