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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

SharpLink Secures $400M, Pushing its Ethereum Treasury Above $3B

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SharpLink Secures $400M, Pushing its Ethereum Treasury Above $3B

The post SharpLink Secures $400M, Pushing its Ethereum Treasury Above $3B appeared first on Coinpedia Fintech News

SharpLink has struck a $400 million registered direct offering deal with five global institutional investors. Combined with its unused $200 million at-the-market (ATM) facility, the funds will bolster the company’s already substantial crypto reserves. SharpLink currently holds about 598,800 ETH, and with this fresh capital, its Ethereum treasury is projected to top $3 billion. The move reflects the company’s strong commitment to Ethereum as a core asset and its strategy to maintain one of the largest ETH treasuries globally.

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