Holding $2.1 Billion in Digital Assets, SharpLink Held Approximately 895,117 ETH as of November 2

Odaily Report: Ethereum treasury company SharpLink held approximately 892,708 ETH as of the end of the third quarter, valued at approximately $2.1 billion under US GAAP; as of November 2, its ETH holdings had increased to approximately 895,117 ETH.

On September 28, SharpLink completed a $200 million ETH staking allocation through the decentralized protocol Lido, receiving wstETH. The Galaxy SharpLink Onchain Yield Fund began deploying capital in the third quarter, with an initial commitment of $125 million, of which SharpLink contributed $100 million and Galaxy Digital contributed $25 million. SharpLink also made a strategic equity investment in Blockspace, an Ethereum validation and staking infrastructure company. (Bitcoin.com News)