SharpLink Raises $425M to Invest in Ethereum Treasury, Partnering with Galaxy Digital

Gaming company SharpLink Gaming has secured a massive $425 million funding round led by Consensys Software Inc., the infrastructure provider for Ethereum. This investment will fuel SharpLink’s pioneering use of Ethereum as its primary asset within its treasury, marking one of the largest private placements from a publicly traded firm to date. Galaxy Digital, prominent in the crypto space, is backing this strategy, demonstrating strong confidence in Ethereum and its potential.