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- 🌙 SharpLink Creates $425M Ethereum Treasury
🌙 SharpLink Creates $425M Ethereum Treasury
Joe Lubin will join SharpLink’s board and advise on the treasury program and core business initiatives.
Mike Gavela
May 27, 2025
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Crypto Roundup - May 27
Sharplink has dramatically reshaped its crypto strategy by plunging $425 million into Ethereum under the guidance of ConsenSys founder Joseph Lubin, signaling a long-term bet on ETH amid regulatory uncertainties. Meanwhile, stablecoin heavyweight Circle has officially filed to go public on the NYSE, reinforcing confidence in the stablecoin sector’s growth potential. In contrast, a major whale on the Hyperliquid platform, James Wynn, suffered a staggering $47 million loss over one week, shedding light on the volatility and risk inherent in DeFi derivatives trading.
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Sharplink allocates $425M to Ethereum under strategic guidance from Joseph Lubin, shifting treasury strategy toward long-term ETH exposure.
Circle files for NYSE IPO, a major step that could validate stablecoins in public markets and deepen US crypto integration.
Hyperliquid whale loses $47M, highlighting the dangers of leveraged DeFi trading after James Wynn’s high-profile liquidation streak.
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every year, over $150 trillion moves across borders. those funds reach everything from global commerce and payroll to humanitarian aid and migrant remittances. unfortunately, most of that money still flows through old systems weighed down by delays, fees,
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1:02 PM • May 27, 2025
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