# SharpLink Deploys $170M ETH to Linea Network

*Author: Jack Inabinet*
*Published: Jan 8, 2026*
*Source: https://www.bankless.com/read/news/sharplink-deploys-170m-eth-to-linea-network*

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SharpLink Gaming – the number two publicly traded Ethereum holding company – has [deployed](https://x.com/SharpLink/status/2009264108022243671?s=20) $170M ETH to the Linea L2 via ether.fi as part of the $200M treasury strategy [announced](https://www.bankless.com/read/news/sharplink-gaming-announces-plans-to-deploy-200m-eth-on-linea-l2) in October.

### What's the Scoop?
- **Search for Returns:** SharpLink has deployed $170M ETH as part of its broader $200M crypto treasury strategy, which called for the company to deploy digital asset holdings via ether.fi to EigenCloud to earn ETH staking yield, EigenCloud rewards, and token incentives from Linea/ether.fi.
- **Close Relationship:** Consensys – a prolific Ethereum software developer and crypto investment conglomerate behind products like MetaMask – is also an investor in SharpLink, ether.fi, and Linea.
- **New Era:** In a [post](https://x.com/joechalom/status/2009264888288563675?s=20) a addressing he move, SharpLink CEO Joseph Chalom wrote that, "2026 marks the beginning of Ethereum’s 'productive era' and a major step function in its adoption curve."

> NEW: We just deployed $170M ETH with first-of-it’s-kind enhanced yield on [@LineaBuild](https://twitter.com/LineaBuild?ref_src=twsrc%5Etfw).This combines native Ethereum yield, restaking rewards from [@eigencloud](https://twitter.com/eigencloud?ref_src=twsrc%5Etfw) and direct incentives from [@LineaBuild](https://twitter.com/LineaBuild?ref_src=twsrc%5Etfw) and [@ether_fi](https://twitter.com/ether_fi?ref_src=twsrc%5Etfw), all within an institutional-grade qualified custodian thanks to… [pic.twitter.com/kMgB40dKwP](https://t.co/kMgB40dKwP)— SharpLink (SBET) (@SharpLink) [January 8, 2026](https://twitter.com/SharpLink/status/2009264108022243671?ref_src=twsrc%5Etfw)
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