SharpLink and Superstate Introduce SEC-Registered Tokenized Equity on Ethereum Featuring SBET Shares

SharpLink Gaming, Inc. (Nasdaq: SBET) has announced its intention to tokenize its SEC-registered common stock directly on the Ethereum blockchain, as revealed on Thursday.

NEW: SharpLink is collaborating with Superstate to issue tokenized $SBET shares directly on the Ethereum blockchain.
SharpLink will be the first publicly traded company to undertake this initiative.
Together, we will strive to enhance how tokenized public equities may eventually trade on Automated Market Makers… pic.twitter.com/gZS7w68VKf

— SharpLink (SBET) (@SharpLinkGaming) September 25, 2025

This initiative will be carried out in collaboration with Superstate, a financial technology company that focuses on digital transfer agency services. SharpLink indicated it will utilize Superstate’s Opening Bell platform.

SharpLink aims to demonstrate how public companies can leverage blockchain technology to generate shareholder value, enhance operational efficiency, and modernize capital markets.

Shares tokenized on Opening Bell will retain their legal equivalence to traditional book-entry equity while also acquiring features such as self-custody in digital wallets and compatibility with decentralized financial products.

Driving the Future of Tokenized Securities

The collaboration is intended not only to issue tokenized SBET shares but also to further research on how regulated equities might eventually trade on Automated Market Makers (AMMs) and other decentralized finance (DeFi) protocols, as stated by SharpLink Gaming in a press release.

SharpLink articulates that this vision is in alignment with the U.S. Securities and Exchange Commission’s Project Crypto agenda, which is investigating frameworks for digital assets and blockchain-based market infrastructure.

If successful, trading compliant, tokenized securities on AMMs could unlock greater liquidity and utility for investors while facilitating smoother capital flows between issuers and markets. SharpLink and Superstate aspire for this partnership to illustrate how tokenization can enhance transparency and efficiency within U.S. equity markets.

Alignment with Ethereum’s Ecosystem

“Tokenizing SharpLink’s equity directly on Ethereum represents more than just a technological milestone – it signifies our belief in the direction of the global capital markets,” stated Joseph Chalom, Co-CEO of SharpLink.

“We take pride in being the first public company to establish a Digital Asset Treasury on Ethereum. Now we are further opening the gates by integrating traditional finance with composable DeFi,” added Joseph Lubin, Chairman of SharpLink, CEO of Consensys, and Co-Founder of Ethereum.

SharpLink’s ETH Treasury Strategy

The tokenization initiative builds upon SharpLink’s proactive Ethereum treasury strategy, which was initiated in June 2025. The company has since amassed over 838,000 ETH and accrued 3,815 ETH in staking rewards by late September, solidifying its status as one of the largest corporate ETH holders globally.

Robert Leshner, CEO of Superstate, referred to the initiative as “a significant milestone for such an important Ethereum-aligned company.” He remarked: “We are very excited to partner with SharpLink as they develop the ecosystem for tokenized equity on Ethereum and beyond.”

The post SharpLink and Superstate Launch SEC-Registered Tokenized Equity on Ethereum with SBET Shares appeared first on Cryptonews.