Home SharpLink To Deploy $200M In ETH On Linea For Onchain Yield

SharpLink To Deploy $200M In ETH On Linea For Onchain Yield

Share
SharpLink To Deploy $200M In ETH On Linea For Onchain Yield | 3verseTV
Share

SharpLink Gaming announced a long-term strategy to deploy $200 million in ether (ETH) on Consensys’ Linea Layer 2 blockchain to generate sustainable onchain yields. The multi-year plan aims to make its ETH holdings more productive through staking, restaking, and decentralized yield sources powered by ether.fi and EigenCloud.

The company said Anchorage Digital Bank will handle custody and execution, maintaining institutional governance and regulatory compliance standards. SharpLink described Linea’s zkEVM technology as key to its decision, citing faster settlements, lower gas costs, and seamless interoperability with the Ethereum mainnet as essential for institutional workflows.

The strategy is designed to capture native staking rewards while benefiting from Linea and EigenLayer partner incentives. Through EigenCloud, SharpLink will also contribute to securing autonomous verifiable AI services built on Ethereum.

The company framed the move as a “controls-first” treasury approach, combining yield optimization with strong compliance and long-term governance standards.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Ethereum Foundation Shifts Strategy, Stakes $46M Worth Of ETH
News

Ethereum Foundation Shifts Strategy, Stakes $46M Worth Of ETH

The Ethereum Foundation is undergoing a discernible transition that may alter how the market perceives its function. The foundation recently made its...

Prediction Markets See Record Surge As Users Bet On Global Events
News

Prediction Markets See Record Surge As Users Bet On Global Events

With March hitting new records for trade volume, users, and transactions, prediction markets are experiencing a boom in activity. At the core...

Stablecoin Inflows Return To Binance, But Traders Are Holding Back
News

Stablecoin Inflows Return To Binance, But Traders Are Holding Back

On Binance, there is a change that is causing some concerns. Approximately $2.4 billion in stablecoins have returned to the marketplace following...

Google Eyes $5B AI Data Center Push As Anthropic Expands
News

Google Eyes $5B AI Data Center Push As Anthropic Expands

The battle for AI dominance is increasingly shifting behind the scenes – into data centres, power supply, and infrastructure. Google is reportedly...

Latest Blogs

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an AI-integrated crypto wallet? In case you are wondering what exactly...

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds, share your bank details along with a one-time password (OTP)...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth, and accomplishments are meaningless without good health. Nothing is more...

Related Articles

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an...

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds,...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth,...