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SharpLink Gaming has completed a $425 million private funding round, with ConsenSys leading the investment.
BlockBeats News, June 2nd, According to official sources, SharpLink Gaming has completed a $425 million private funding round, with Consensys leading the investment. SharpLink plans to use the proceeds to purchase ETH and hold it as its primary treasury reserve asset.
「Private Funding Round」 or 「Private Placement」 refers to a company raising funds by privately issuing shares or bonds to specific investors (such as institutional investors, whales, etc.) instead of raising funds through the public market.
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A filing with the SEC caused SharpLink's stock price to plummet over 70% in after-hours trading.
ConsenSys was founded by Ethereum COO Joseph Lubin in 2014 and currently has an oligopoly in the mainstream developer tools space.
ConsenSys believes that decentralized networks like Ethereum will bring people closer together, eliminate centralized power and its inherent drawbacks, and make society more prosperous. We will continue to contribute our people, products and resources to
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24H Important News
2026-11-12
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