SharpLink Gaming, which reportedly holds around $3.6B in ETH, is looking at staking a portion of it on Linea, rather than using custodians like Coinbase or Anchorage.
They’re part of the Linea Consortium, which controls 75% of the Linea token supply. So this isn’t just about better staking yields, it’s about aligning with a Layer 2 they have skin in.
Source: Decrypt
Some things to think about:
- Are we seeing the start of big treasuries staking directly on L2s?
- Does this signal a shift away from centralized staking (Coinbase, Lido) toward ecosystem-aligned L2s?
- Or is it just a way for them to pump their bags under the "diversification"label?
If even a slice of that ETH moves into Linea staking, that’s a big message, both for institutional staking strategies and L2 adoption.
Too early to matter? Or a sign of where things are headed?
Massive ETH treasury exploring Linea staking. Real utility or just insiders playing musical chairs?
byu/OkoraJ inethereum
Posted by OkoraJ
1 Comment
good logic but probably still just dumping on us