SharpLink Bets Big on Ethereum with $425M Investment Deal

The post SharpLink Bets Big on Ethereum with $425M Investment Deal appeared first on Coinpedia Fintech News

SharpLink, a U.S.-listed company, has announced a $425 million PIPE (Private Investment in Public Equity) deal, with Consensys leading the investment. The agreement includes issuing around 69.1 million shares at $6.15 each, and the deal is expected to close by May 29. The company plans to use the funds to purchase Ethereum (ETH), making it …