Sharplink Gaming holds $1.89 billion in ETH, citing market risk appetite and tokenization as catalysts
Sharplink Gaming, the second-largest publicly listed Ethereum treasury company, holds approximately 861,251 ETH.
The company’s ETH holdings are valued at $1.89 billion. Ether reached an all-time high of $4,823 in August 2025, but has since fallen 55% to $2,190.
The expansion of real-world asset tokenization is seen as a key catalyst for Ethereum’s price surge, with around 32 billion of tokenized assets existing currently.
Major asset managers have made announcements related to tokenization, including JPMorgan’s filing to launch a tokenized money market fund on Ethereum.