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Sharplink Holds Over 867,000 ETH in Ethereum Treasury Backed by Consensys

Sharplink, recently rebranded with the slogan “Ethereum with an edge,” holds nearly $1.7 billion in staked ETH, distributing blockchain rewards directly to shareholders.

ETH

Summary

Sharplink, backed by blockchain developer Consensys, reported Ethereum holdings of 867,798 ETH valued at $1.68 billion as of February 15. Nearly all holdings are staked, generating 13,615 ETH in rewards within a year. These rewards have been distributed to shareholders. The company, formerly known as Sharplink Gaming, has rebranded simply as Sharplink, adopting the slogan “Ethereum with an edge,” reflecting its focus on Ethereum-based treasury and staking strategies.

Terms & Concepts
  • Ethereum: A decentralized blockchain platform enabling smart contracts and decentralized applications without the need for intermediaries.
  • Smart contract: Self-executing blockchain code that automatically enforces and executes the terms of an agreement.
  • Decentralized finance (DeFi): A blockchain-based financial system allowing peer-to-peer transactions without traditional intermediaries.