SharpLink Gaming to Tokenize Stock on Ethereum, Pioneering Equity Trading on Blockchain

On September 25, 2025, SharpLink Gaming, Inc. (Nasdaq: SBET) announced a groundbreaking initiative to tokenize its SEC-registered common stock directly on the Ethereum blockchain. Partnering with financial technology firm Superstate, SharpLink is set to become the first public company to issue native equity tokens on Ethereum.

This innovative move enables SharpLink to explore regulated trading of tokenized shares on Automated Market Makers (AMMs), marking a significant step in modernizing capital markets and improving market efficiency. Through blockchain technology, the company aims to enhance shareholder value by offering greater liquidity, transparency, and accessibility.

Superstate's Opening Bell platform plays a pivotal role by providing a compliant environment for on-chain equity tokenization. Tokenized shares will hold the same legal equivalence as traditional book-entry equity and can be stored securely in self-custodied wallets, empowering shareholders with direct control over their assets.

SharpLink, recognized as one of the largest corporate holders of Ethereum with over 838,000 ETH as of late September 2025, is well-positioned to lead this innovative initiative. Co-CEO Joseph Chalom highlighted the importance of leveraging blockchain technology to deliver shareholder benefits and advance compliant trading of tokenized public equities.

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