Ethereum Treasury Firm SharpLink Stakes $170 Million of ETH on Linea

Publicly traded Ethereum treasury firm SharpLink Gaming has deployed $170 million worth of ETH to Ethereum layer-2 scaling network, Linea, the firm announced on Thursday.  The Minneapolis, MN-based firm previously said that it would stake up to $200 million worth of Ethereum as part of a multi-year effort on the network as a way to optimize on-chain yields for its Ethereum holdings.  “This deal allowed SharpLink to generate additional yield, in excess of its current staking rewards, while pushing the indus ...