SharpLink Gaming Launches $425 Million Ethereum Reserve Plan with Consensys B...

SharpLink Gaming Launches $425 Million Ethereum Reserve Plan with Consensys B...

SharpLink Gaming, a prominent player in the gaming and technology sector, recently unveiled a strategic plan to allocate $425 million into Ethereum (ETH) reserves. This significant financial maneuver positions the company among notable institutions adopting cryptocurrency assets as part of their treasury strategies. The decision mirrors past instances seen in the crypto market, where firms […]


Related News

SharpLink Gaming Bolsters Ethereum Holdings With 143,000+ ETH Purchase Last Week

Nasdaq-listed SharpLink Gaming continues to expand its Ethereum (ETH) reserves. In the latest development, the firm purchased 143,593 ETH over the past week, bringing its total digital asset holdings to over $3 billion. SharpLink Gaming Increases Ethereum Holdings, Again According to a statement issued today, Minneapolis-based SharpLink Gaming acquired 143,593 ETH between August 10 and […]

The Curse Of Ethereum: First-Ever ETH Treasury Company Suffers Sharo 73% Cras...

Sharplink Gaming (SBET), which became the first public company to establish an Ethereum treasury, hasn’t had it easy since making this major move. The company’s shares have plummeted amid reports that investors plan to offload their stocks following the creation of the ETH Treasury.  Sharplink Gaming’s Stock Plummets Following Ethereum Treasury Move In an X […]

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued a...

The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be Converted to Ether The Ethereum software and incubator firm Consensys has revealed it closed a $450 million Series D led by the venture capital firm Parafi Capital. The financing round also saw participation from Third Point,....

Consensys Launches Rollups Scaling Solution With Mastercard’s Support

Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims to allow the network to reach a throughput of 10,000 TPS (transactions per second), according to a PR statement. The solution can be implemented on top of private, permissioned protocols like Quorum, or on public chains like Ethereum. Consensys to Address Scaling With Mastercard’s Assistance Consensys, an Ethereum software company, launched....

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to....