SharpLink Gaming closed a $425 million private placement led by ConsenSys, marking a strategic move to become the largest public ETH holder

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SharpLink Gaming closed a $425 million private placement led by Consensys to adopt Ethereum as its primary treasury asset, with the goal of becoming the largest publicly listed ETH holder.

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June 2, 2025

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Consensys Software, a crypto infrastructure firm developing the popular digital wallet MetaMask, led a $425 million private placement for SharpLink Gaming, a Minnesota-based affiliate marketing firm for online casino gaming operators and sportsbooks.
SharpLink has completed its $425 million private placement deal and plans to use the proceeds to create an Ethereum treasury.
SharpLink Gaming has closed a $425 million private placement led by Consensys, the company behind MetaMask, with plans to build the largest public Ethereum treasury.

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Week 23 of 2025