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SharpLink Gaming Increases ETH Treasury Holdings to 198,478; Staking Rewards Yield 222 ETH Since June 2, 2025
Globenewswire· 2025-07-01 12:00
Core Insights - SharpLink Gaming, Inc. has strategically increased its Ethereum (ETH) holdings to 198,167, acquiring an additional 9,468 ETH for $22,825,734 at an average price of $2,411 per ETH during June 23-27, 2025 [1] - The company raised approximately $24.4 million in net proceeds through its At-The-Market facility by selling 2,525,637 shares, with a majority of the proceeds aimed at increasing ETH treasury holdings [2] - SharpLink's ETH reserves are fully deployed in staking protocols, earning 102 ETH in rewards during June 21-27, 2025 [3] - The company introduced a new reporting metric called "ETH Concentration," which measures the number of ETH held relative to assumed diluted shares outstanding [4] - SharpLink's ETH Concentration has increased from 2.00 ETH to 2.35 ETH, reflecting a 17.7% rise as of June 27, 2025 [5] - The company has engaged Elevate IR as its investor relations agency to enhance communication and strategy [6] - SharpLink views Ethereum as a foundational asset for future capital management and online gaming infrastructure [7] - The company aims to transform the iGaming industry by leveraging smart contracts, DeFi protocols, and Web3 infrastructure [8]
X @Bloomberg
Bloomberg· 2025-07-01 10:26
Digital Asset Strategy - Deutsche Bank plans to launch its digital assets custody service next year [1] - Deutsche Bank enlists Bitpanda's technology unit to help build the digital assets custody offering [1]
X @CoinDesk
CoinDesk· 2025-06-29 15:33
Webinar Announcement - Webinar on July 10th at 10 AM ET focuses on securely managing digital assets at scale [1] - The webinar will cover navigating tokenization, mitigating risks, and building a custody tech stack for growth [1] Sponsorship - Ripple is sponsoring the webinar [1]
X @Cointelegraph
Cointelegraph· 2025-06-28 18:00
🔥 LATEST: $7B KraneShares has filed to list a Coinbase 50 Index ETF, aiming to track the top 50 digital assets by market cap. https://t.co/K2UafzeHuf ...
X @CoinDesk
CoinDesk· 2025-06-27 13:35
🚀 Unlock a strategic edge for digital assets! Our July 10th (10 AM ET) webinar dives into modern custody beyond safekeeping, bridging TradFi & crypto, and how to scale for tokenization.Secure your spot below. 🔗 ⤵️[Sponsored by @Ripple] https://t.co/lUtE8szaTF ...
Synaptogenix Announces Name Change to TAO Synergies and New Ticker Symbol "TAOX" for Alignment with AI-Focused Crypto Treasury Strategy
Prnewswire· 2025-06-26 13:15
Core Viewpoint - TAO Synergies Inc. has rebranded from Synaptogenix, Inc. and will begin trading under the new ticker symbol "TAOX" on July 1, 2025, reflecting its strategic focus on the synergies between cryptocurrency and artificial intelligence [1][3] Group 1: Company Overview - TAO Synergies Inc. is the first pure-play public company dedicated to the convergence of cryptocurrency and AI, with a treasury strategy centered on acquiring TAO, the native cryptocurrency of Bittensor [4] - The company aims to stake TAO to generate revenue and capital appreciation, emphasizing its mission to create significant value for shareholders [4] Group 2: Strategic Focus - The company has begun staking TAO to capitalize on both staking yield and the growth of the token, positioning itself to leverage the leading AI token by market capitalization and adoption [2] - Executive Chairman Joshua Silverman highlighted that the rebranding and focus on TAO represents a pivotal moment in the company's commitment to digital assets and long-term shareholder value [3]
X @Cathie Wood
Cathie Wood· 2025-06-25 17:23
RT ARK Invest (@ARKInvest)Bitcoin’s average daily gains have exceeded its average daily losses across every rolling 4-year window (a halving cycle).ARK's Associate Portfolio Manager for Digital Assets explains.👇 ...
Sen. Cynthia Lummis on crypto legal framework: The U.S. needs to pass market structure now
CNBC Television· 2025-06-25 13:03
morning. Bitcoin all the way back to over 107,000. Meanwhile the Senate Subcommittee on Digital Assets is working on new legislation that would provide a legal framework for crypto, a separate from the House's version of a similar bill.And joining us now, Republican Senator Cynthia Lummis. She chairs the Subcommittee on Digital Assets. And welcome, Senator.It's good to see you. As always. Tell us about legislation that once and for all, what it would be, crypto would be under the auspices of the SEC, not th ...