Business
SEC-Registered Equity Comes to Ethereum: Superstate and SharpLink Partner to Launch Tokenized SBET on Ethereum
First Public Company to Natively Issue Equity on the Ethereum Blockchain; Collaboration to Explore Regulated Trading of Tokenized Shares on Automated Market
About this update from Sharplink, Inc.
[{"type":"text","content":"First Public Company to Natively Issue Equity on the Ethereum Blockchain; Collaboration to Explore Regulated Trading of Tokenized Shares on Automated Market Makers Minneapolis, MN, Sept. 25, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced its intention to tokenize its SEC-registered common stock directly on the Ethereum blockchain, appointing financial technology firm Superstate as its Digital Transfer Agent. By enabling its equity to be tokenized natively onchain, SharpLink aims to demonstrate how public companies can use blockchain infrastructure to create shareholder value, improve market efficiency and drive forward the next generation of capital markets. SharpLink intends to partner with Superstate to tokenize its equity on Ethereum through its Opening Bell platform, expanding Superstate’s multichain capital markets infrastructure. SharpLink and Superstate also intend to closely collaborate on advancing how tokenized public equities can ultimately trade on Automated Market Makers (“AMMs”) and other decentralized finance (“DeFi”) protocols in a fully compliant manner. This initiative aligns with the SEC’s broader Project Crypto innovation agenda aimed at modernizing U.S. securities regulation to better enable digital assets, blockchain and onchain markets. This work has the potential to position SharpLink’s tokenized equity, along with future Opening Bell tokenizations, for secondary market trading on AMMs. Doing so would demonstrate how compliant tokenized securities can deliver broader utility, enhance liquidity and modernize capital flows for a new era of investor and issuer engagement. Commenting on the new partnership with Superstate, SharpLink Co-CEO Joseph Chalom, stated, “Tokenizing SharpLink’s equity directly on Ethereum is far more than a technological achievement – it is a statement about where we believe the future of the global capital markets is headed. At SharpLink, our core mission is two-fold: to build the world’s most trusted digital asset treasury and to pursue initiatives that accelerate the global adoption of the Ethereum network. By working with Superstate, not only are we enabling our shareholders to hold SBET shares natively ...