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Consensys-Backed Sharplink Now Holds 867,798 ETH in Treasury Strategy

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Consensys-Backed Sharplink Now Holds 867,798 ETH in Treasury Strategy

Sharplink, the Nasdaq-listed firm backed by Consensys, has taken its Ethereum treasury to 867,798 ETH as of February 15, cementing its status as a massive corporate holder.

This stockpile, valued at roughly $1.69 billion, highlights a growing trend for institutions to be long on ETH.

Key Takeaways

  • The Stash: Sharplink now holds 867,798 ETH, staking nearly 100% of the assets to generate continuous yield.
  • The Support: Institutional ownership has surged to 46% as of Dec. 31, driven by confidence in CEO Joseph Chalom’s strategy.
  • The Yield: The firm utilized liquid staking protocols to generate over 13,000 ETH in rewards to date.

Why Is StarLink Bullish on ETH?

Institutional appetite is shifting from passive holding to active yield generation.

Sharplink isn’t just sitting on assets; they are actively deploying them. According to recent filing data, institutional ownership in the firm hit 46% by the end of 2025.

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This institutional bullishness on crypto, even through the current downturn, mirrors a broader trend seen globally.

For instance, sovereign funds are reportedly eyeing crypto assets. Abu Dhabi’s government recently disclosed $1 billion in spot Bitcoin ETF holdings.

Sharplink added about 60 new institutional investors in Q4 2025 alone, signaling that smart money not only wants exposure to crypto’s long-term price action, but specifically to its yield generation capabilities.

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Breaking Down the Numbers

The strategy is technical and aggressive. According to an SEC filing, Sharplink’s total figure includes substantial allocations to liquid staking protocols: 225,429 ETH via Liquid Collective’s LsETH and 55,137 ETH through ether.fi’s WeETH.

Joseph Chalom, the CEO who joined from BlackRock, stated: “Sharplink stakes nearly 100% of its ETH holdings and has staked our holdings since the beginning.”

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This approach has generated 13,615 ETH in staking rewards, benefiting shareholders even as spot prices fluctuate.

This level of accumulation is being paralleled across decentralized finance, creating scarcity for DeFi coins. Just this week, for instance, Pioneer QLabs bought over 18 million QONE tokens.

Additionally, yield farming is pulling institutions into crypto in diverse ways. Just look at Ledn, which engages institutional capital via Bitcoin-backed bonds.

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Sharplink, though, is a pure Ethereum yield vehicle. Chalom noted that sophisticated investors want “disciplined execution” regarding risk management, which is likely a USP he pitched to court the new influx of new institutional capital.

What Does This Mean for Investors?

Efficiency is the game now. Sharplink’s pivot from gaming to a “digital asset treasury” model positions it as a liquid proxy for Ethereum’s network growth.

By staking heavily, they dampen the blow of market volatility and capture rewards that passive ETFs miss.

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Ultimately, Starlink’s level of accumulation tightens supply while its heavyweight investors validate the corporate treasury thesis. This is no bad thing for all crypto believers.

Discover: The best meme coins on Solana

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Polymarket acquires prediction market API startup Dome

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Polymarket acquires prediction market API startup Dome

Polymarket has acquired Dome, a Y Combinator-backed startup that is building a unified API solution for developers to access and build across multiple prediction market platforms.

Summary

  • Polymarket has acquired Y Combinator-backed startup Dome.
  • Dome offers a unified API for cross-platform prediction market access.
  • It has raised $500,000 from Y Combinator and $4.7 million in seed funding.

The acquisition was confirmed by both companies in a Feb. 19 post on X, though neither side shared details about Dome’s future roadmap within Polymarket or how the team will be integrated. The financial terms of the deal were not disclosed.

According to details from Y Combinator, Dome was part of its Fall 2025 cohort and is developing a unified API for prediction markets through a single integration layer, where “developers can access live and historical data.”

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“Dome makes it simple to trade, embed market data into products, and deploy strategies across multiple platforms through one interface,” it said.

Dome raised $500,000 from Y Combinator and secured a further $4.7 million in seed funding, according to details shared on the X profile of co-founder Kunal Roy, who, alongside Kurush Dubash, previously served as founding engineers at Alchemy.

“We’re obsessed with prediction markets and want to have the biggest impact in the space. There’s no better place to do that than Polymarket.” Dubash wrote on X.

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Besides QCEX, a derivatives exchange and clearinghouse licensed by the U.S. Commodity Futures Trading Commission, which Polymarket acquired in a bid to re-enter the country, Dome marks the company’s first official acquisition focused on developer infrastructure.

Since it was greenlighted by the commission to operate an intermediated trading platform, Polymarket has secured multiple major partnerships with media brands like Yahoo Finance and Google Finance, alongside sports organizations such as Major League Soccer and the National Hockey League.

Last month, the company partnered with Parcl to launch a prediction market tied to real estate trends. It has also expanded onto the Solana blockchain through an integration with Jupiter and was recently added to the MetaMask mobile app, widening its retail distribution.

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Bitcoin May See Upside After AI Stocks Become ‘Silly Big’

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Cryptocurrencies, Bitcoin Price, AI

Bitcoin’s next major leg up could hinge on artificial intelligence stocks becoming excessively overvalued in the eyes of investors, according to macroeconomist Lyn Alden.

“It could be that the AI stocks eventually just peak, they get so silly big that they can’t get realistically much higher,” Alden told Natalie Brunell on the Coin Stories podcast published to YouTube on Thursday.

When an asset’s price rises to a level where further gains are harder to justify, capital often moves into other opportunities with more potential upside.

Cryptocurrencies, Bitcoin Price, AI
Lyn Alden spoke to Natalie Brunell on the Coin Stories podcast. Source: Natalie Brunell/YouTube

With Bitcoin (BTC) down almost 46% from its October all-time high of $126,100, Alden suggests it could be a beneficiary of that rotation.

Nvidia may be the “most important stock” in US, says exec

Some financial analysts are questioning whether the largest AI stocks will keep up their momentum in 2026. Albion Financial Group chief investment officer Jason Ware recently told Fox Business that he expects GPU chipmaker Nvidia (NVDA), the largest company on the Nasdaq stock exchange by market capitalization, to have “another great quarter,” but asked whether it will “be good enough.”

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“We all know they are the most concentrated, obvious winner in the AI build out. Can that growth continue in a way that supports the stock moving higher?”

Nvidia’s (NVDA) stock price is up 35.48% over the past 12 months, according to Google Finance, and Ware said that it is “probably the most important company and most important stock in America in the market.” 

The rise of investor interest in AI means that Bitcoin is now “competing for capital” in a way it never has before, Bitcoin developer Mark Carallo said on Thursday.

Bitcoin only needs a “marginal amount” of new demand

However, Alden said Bitcoin wouldn’t need a significant wave of capital to move higher. “It only takes a marginal amount of new demand to come in,” Alden said, adding that long-term holders essentially “put the floor in” as short-term traders rotate out.