-
SharpLink Gaming plans to explore staking an undisclosed portion of its $3.6 billion Ethereum holdings on Ethereum layer-2 network Linea, once it hits mainnet on September 10.
Joseph Chalom, co-CEO of SharpLink, stated that the treasury company is currently staking almost the entirety of its holdings through its custodians, Anchorage and Coinbase. However, as the company matures, it will look to diversify the staking vehicles it utilizes as it seeks out higher-yield opportunities.
“When you hold billions of dollars of ETH and you're looking at a portfolio of staking, there is going to be an ability to deploy that through staking opportunities on Linea,” Chalom said. “And that is really, really important, not only to Consensys, but...