SharpLink Gaming, a Nasdaq-listed company managing Ethereum treasuries, has announced plans to deploy $200 million worth of ETH on the Linea platform to generate yields through decentralized finance (DeFi) strategies. This move highlights a growing trend among corporate treasuries to leverage DeFi for potential returns on digital assets.
The decision by SharpLink Gaming underscores the increasing interest in DeFi as a viable option for asset management and yield generation. By utilizing Linea, the company aims to capitalize on the platform's capabilities to enhance its treasury management strategies, potentially setting a precedent for other corporations considering similar approaches.
SharpLink Gaming to Deploy $200M in ETH on Linea for DeFi Yields
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