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SharpLink Deploys $170M ETH on Linea in Institutional-Scale DeFi Move

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SharpLink Deploys $170M ETH on Linea in Institutional-Scale DeFi Move
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TL;DR:

SharpLink (Nasdaq: SBET), the world’s second-largest corporate holder of Ethereum, said it has deployed $170 million worth of ETH on Linea as part of its $200 million crypto treasury strategy announced last fall. The post SharpLink Deploys $170M ETH on Linea in Institutional-Scale DeFi Move appeared...

Key Points:

  • SharpLink Deploys $170M ETH on Linea in Institutional-Scale DeFi Move - TradingView — Track All Markets
  • Story reported by 3 sources including SharpLink Deploys $170M ETH on Linea in Institutional-Scale DeFi Move
  • Involves ETH, LINK cryptocurrencies

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.