0:00
0:00
Subscribe to Bankless or sign in
SharpLink Gaming (Nasdaq: SBET) just announced plans to tokenize the its common stock directly on Ethereum, working through financial technology firm Superstate as its digital transfer agent.
What’s the Scoop?
- Partnering with Superstate: SharpLink will use Superstate's Opening Bell platform to tokenize SBET shares in a fully compliant way, enabling registered investors to hold equity directly in self-custodied wallets.
- Exploring Onchain Trading: The partnership is designed to lay the groundwork for tokenized shares to one day trade on AMMs and DeFi protocols in alignment with the SEC's Project Crypto initiative.
- Praise from Leadership: Co-CEO Joseph Chalom labeled the move a statement about where global capital markets are headed, while Chairman
Joseph Lubin described it as raising the floodgates by further onboarding TradFi to composable 
Ethereum DeFi. - Massive ETH Treasury: SharpLink Gaming now holds more than 838,000 ETH, having earned roughly 3,815 ETH from staking rewards since June 202 and ranking as the second largest corporate holder of Ethereum.
NEW: SharpLink is partnering with Superstate to issue tokenized $SBET shares directly on the Ethereum blockchain.
— SharpLink (SBET) (@SharpLinkGaming) September 25, 2025
SharpLink will become the first public company to do so.
Together, we’ll work to advance how tokenized public equities can one day trade on Automated Market Makers… pic.twitter.com/gZS7w68VKf
