SharpLink Gaming Ltd. (NASDAQ: SBET) has announced the repurchase of 1,000,000 shares of its common stock as part of its ongoing buyback program, continuing a capital allocation strategy designed to enhance shareholder value. The company said the buybacks reflect its confidence in long-term growth prospects and its belief that its shares are trading at a discount to intrinsic value.Company strengthens buyback programThe 1 million shares were repurchased at an average price of $16.67 per share. This latest t ...

Figure Technology, a leading stablecoin issuer and blockchain finance innovator, made a splashy Wall Street debut on September 11, 2025, pricing its IPO at $25 per share and raising $787.5 million. Th... ...

当区块链技术走出加密货币的边界，一个名为 RWA（真实世界资产） 的领域正在重构传统金融逻辑。作为关键载体的 RWA交易所 ，如何让房产、债券等 实体资产实现"链上新生"？本文将用通俗语言为您揭开其运作奥秘。 上海核心区写字楼 新能源企业的未到期债券 保税仓库中的铜原料 二、RWA交易所的三大破局能力 对比传统资产交易存在的 周期长、门槛高、透明度低 痛点，RWA交易所提供创新解决方案： 为防止概念炒作，主流平台坚守两大铁律： 四、正在发生的应用革命 RWA已渗透多个实体经济领域： 一、RWA的本质：实体资产的"数字分身" 设想以下场景： 这些传统领域流动性低的资产，通过 资产代币化（Tokenization） 技术转化为区块链上的数字凭证。例如：1栋价值10亿的物业可拆分为10亿枚代币，持有1 枚即代表拥有该物业十亿分之一的权益。RWA的核心逻辑就是 将实体资产映射到区块链 ，实现所有权分割。 1. 碎片化降低门槛 2. 将百万级资产拆分为百元级份额，普通人也能参与顶级资产投资。 3. 案例：新加坡交易所上线商业地产代币化项目，500美元即可投资核心地段房产。 4. 24/7全球流动性 5. 区块链支持全天 ...

Core Insights - SharpLink Gaming stock (NASDAQ:SBET) has seen a nearly 50% increase in the last week and over 100% in the past month, driven by investor enthusiasm regarding its venture into Ethereum [2] - The company holds 280,706 ETH, positioning it as one of the largest corporate holders of the cryptocurrency [2] Group 1: Business Focus and Strategy - Initially focused on online gaming and sports wagering, SharpLink is now shifting towards blockchain-based finance and integrating blockchain technology into its betting experience [3] - The company has adopted an aggressive ETH staking strategy, with over 99% of its ETH holdings allocated to staking protocols, generating over 400 ETH in rewards since the strategy's initiation [3] Group 2: Financial Performance - SharpLink Gaming has experienced an average revenue growth rate of 19.6% over the past three years, compared to a 5.5% increase for the S&P 500, although sales have declined by 27.0% in the last 12 months to approximately $5 million [4] - The company's market capitalization exceeds $2 billion, resulting in a price-to-sales ratio of about 400x [4] - The company reported an Operating Income of -$4.0 million over the past four quarters, indicating poorer profit margins compared to most companies in the Trefis coverage universe [5] Group 3: Investment Metrics - A relevant metric for assessing the company is "ETH Concentration," which has increased by 23% since mid-June, enhancing shareholder exposure to Ethereum [6] - SharpLink may present a high-risk, high-reward investment opportunity for those looking to benefit from Ethereum's long-term potential through a regulated equity vehicle [6]

Core Insights - Spirit Blockchain Capital Inc. reported key milestones and unaudited financial results for Q1 2025, highlighting progress in financing, product launches, and operational capabilities [1][3] Financial Performance - The company completed a CAD $2.11 million Listed Issuer Financing Exemption Offering in February 2025 to strengthen its balance sheet [6] - Cash and cash equivalents at the end of the quarter were CAD $1,118,585, an increase from CAD $929,194 at year-end 2024, with a working capital surplus of CAD $729,781 [6] - The entire EOS-tranche of convertible debentures amounting to CAD $1,105,024 was converted into equity, eliminating related interest and derivative liabilities [6] Product Development - On March 27, 2025, Spirit Digital AG launched the Spirit Ethereum Yield+ ETP and Spirit Solana Yield+ ETP on SIX Swiss Exchange and Deutsche Börse, providing regulated, exchange-listed vehicles for ETH and SOL staking strategies [6] Market Positioning - The company upgraded to the OTCQB® Venture Market under the ticker "SBLCF" on April 22, 2025, enhancing access for U.S. investors [6] - Inder Saini was appointed as CFO to strengthen financial controls, and a strategic partnership was formed with Astralane to develop a Staked SOL Index [6] Company Overview - Spirit Blockchain Capital Inc. focuses on blockchain infrastructure and digital asset yield opportunities through three verticals: infrastructure yield, blockchain investments, and regulated exchange-listed products [3]