SharpLink aims to establish the largest publicly listed Ethereum treasury and will also engage in Ethereum-native activities such as staking and decentralised finance (DeFi) as part of its strategic deployment

Quotes that support claims

SharpLink will acquire Ethereum as its primary reserve asset, positioning itself to become the largest publicly listed holder of ETH globally.

SharpLink is positioning itself as a pioneer by adopting an Ethereum-centric treasury model.

The private placement lets SharpLink acquire ethereum as its primary reserve asset as well as to enter Ethereum protocol activities such as staking and decentralized finance, according to a company release.