Sharplink Gaming CEO Joseph Chalom has announced the company's strategic pivot to an Ethereum-focused digital asset platform. The firm, listed on NASDAQ under the ticker SHAR, plans to offer Ethereum staking opportunities with yields around 3%. This move aims to generate passive income and enhance Ethereum network security by acquiring and staking ETH.
Chalom likened Sharplink's new strategy to MicroStrategy's approach with Bitcoin, emphasizing Ethereum's benefits as a staking asset. These include annualized returns and potential price appreciation, positioning Sharplink to capitalize on Ethereum's growth and staking rewards.
Sharplink Gaming Shifts Focus to Ethereum Staking Platform
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