Injective brings SharpLink’s $1.3 billion ETH treasury fully on-chain
Key Takeaways
- Injective launched SBET to tokenize SharpLink's $1.3 billion ETH treasury onchain.
- SBET enables staking, real-time trading, and DeFi collateralization via Injective's iAssets framework.
Injective has launched on-chain SBET, the first tokenized digital asset treasury (DAT) that transforms SharpLink Gaming’s Ethereum holdings into an onchain instrument, according to the project’s announcement .
SharpLink Gaming, the largest corporate holder of Ethereum, has amassed 360,807 ETH, valued at around $1.3 billion at current market prices, since launching its treasury strategy last month.
According to Injective, the SBET digital asset treasury is powered by Injective’s iAssets framework, which allows real-world assets to operate as programmable primitives, with built-in governance, trading, staking, and cross-protocol composability.
“Through Injective’s iAssets framework, SBET is no longer a static equity but a programmable financial primitive,” said Injective in a statement. “From the very first day of issuance, it can be deployed across lending markets, used as collateral, incorporated into derivatives, or embedded into entirely new structured products without the capital inefficiencies or settlement delays that exist in traditional finance.”
The move positions Injective at the forefront of a growing shift as institutional capital begins migrating to onchain infrastructure.
“Injective’s vision is to merge the traditional and on-chain worlds, creating a financial system that is not only open and accessible but also far more efficient. The launch of SBET as an onchain digital asset treasury is a clear demonstration of that mission,” Injective stated.
Discussing Injective’s new product, Matt Sheffield, Director of Trading at FalconX, the largest institutional crypto prime brokerage, noted that digital asset treasuries are helping bridge the gap between traditional and on-chain markets by enabling more structured and transparent access to crypto.
“The launch of an on-chain product tracking SBET by Injective marks a notable milestone, bringing the capital efficiency of public markets to DeFi infrastructure in a composable and transparent way,” Sheffield said.
The launch of on-chain SBET follows Injective’s earlier rollout of iAssets tied to traditional equities, including Nvidia, Meta, and Robinhood, alongside gold, oil, and FX markets — all tradeable 24/7 and programmable from launch.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Staking Weekly Report December 1, 2025
🌟🌟Core Data on ETH Staking🌟🌟 1️⃣ Ebunker ETH staking yield: 3.27% 2️⃣ stETH...

The Blood and Tears Files of Crypto Veterans: Collapses, Hacks, and Insider Schemes—No One Can Escape
The article describes the loss experiences of several cryptocurrency investors, including exchange exits, failed insider information, hacker attacks, contract liquidations, and scams by acquaintances. It shares their lessons learned and investment strategies. Summary generated by Mars AI This summary was produced by the Mars AI model, and the accuracy and completeness of its generated content are still in the process of iterative improvement.

Mars Morning News | Federal Reserve officials to advance stablecoin regulatory framework; US SEC Chairman to deliver a speech at the New York Stock Exchange tonight
Federal Reserve officials plan to advance the formulation of stablecoin regulatory rules. The SEC Chair will deliver a speech on the future vision of capital markets. Grayscale will launch the first Chainlink spot ETF. A Coinbase executive has been sued by shareholders for alleged insider trading. The cryptocurrency market fear index has dropped to 23. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative updates.

OECD's latest forecast: The global interest rate cut cycle will end in 2026!
According to the latest forecast from the OECD, major central banks such as the Federal Reserve and the European Central Bank may have few "bullets" left under the dual pressures of high debt and inflation.
