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Nasdaq-Listed Ethereum Firm to Tokenize SBET Shares via Superstate

Nasdaq-Listed Ethereum Firm to Tokenize SBET Shares via Superstate

SharpLink Gaming becomes the first public company to issue its Nasdaq-listed equity natively on Ethereum, appointing Superstate as digital transfer agent for compliant onchain issuance.

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Summary

SharpLink Gaming (SBET) announced it will become the first publicly traded company to issue its Nasdaq-listed shares directly on the Ethereum blockchain. The company appointed Superstate as its digital transfer agent to manage the compliant onchain issuance. The move reflects an expansion of blockchain-based securities integration, with tokenized SBET shares maintaining regulatory compliance while being stored and transferable in digital wallets.

Terms & Concepts
  • Tokenization: The process of converting ownership rights in a real-world asset, such as shares, into digital tokens on a blockchain.
  • Ethereum: A decentralized blockchain platform that supports smart contracts and decentralized applications, commonly used for tokenized asset issuance.
  • Digital Transfer Agent: An entity responsible for managing the issuance and compliance of securities in digital or tokenized form.