SharpLink and Superstate Launch SEC-Registered Tokenized Equity on Ethereum with SBET Shares
Wall Street meets blockchain in landmark SEC-approved tokenization move.
Tokenized Equity Breakthrough
SharpLink Gaming just shattered traditional finance barriers by launching SEC-registered tokenized equity on Ethereum. Their SBET shares now trade as digital assets—bypassing legacy settlement systems entirely. The partnership with asset management firm Superstate creates a new blueprint for stock tokenization that actually complies with regulatory frameworks.
Regulatory Milestone Achieved
This isn't another crypto experiment—it's fully SEC-approved equity trading on-chain. The move cuts settlement times from days to seconds while maintaining full regulatory compliance. Traditional finance veterans are watching closely as tokenized assets gain legitimate footing beyond speculative crypto projects.
Future of Finance Implications
The Ethereum-based shares represent a quiet revolution in how public companies can leverage blockchain technology. While bankers still debate blockchain's utility, SharpLink just demonstrated a working model that could eventually make traditional stock certificates look as outdated as paper maps.
Because nothing says financial innovation like making Wall Street intermediaries suddenly obsolete—except maybe watching them scramble to adopt the technology they've spent years dismissing.
Driving the Future of Tokenized Securities
The partnership is designed not only to issue tokenized SBET shares but also to advance research into how regulated equities could eventually trade on Automated Market Makers (AMMs) and other decentralized finance (DeFi) protocols, said SharpLink Gaming in a press release.
SharpLink explains this vision aligns with the U.S. Securities and Exchange Commission’s Project crypto agenda, which is exploring frameworks for digital assets and blockchain-driven market infrastructure.
If realized, trading compliant, tokenized securities on AMMs could unlock broader liquidity and utility for investors while streamlining capital flows between issuers and markets. SharpLink and Superstate hope this collaboration will demonstrate how tokenization can bring transparency and efficiency to U.S. equity markets.
Alignment with Ethereum’s Ecosystem
“Tokenizing SharpLink’s equity directly on Ethereum is far more than a technological achievement – it is a statement about where we believe the future of the global capital markets is headed,” said Joseph Chalom, Co-CEO of SharpLink.
“We’re proud to have been the first public company to become a Digital Asset Treasury company on Ethereum. Now we are raising the floodgates further by onboarding traditional finance to composable DeFi,” adds Joseph Lubin, Chairman of SharpLink, CEO of Consensys, and Co-Founder of Ethereum.
SharpLink’s ETH Treasury Strategy
The tokenization plan builds on SharpLink’s aggressive Ethereum treasury strategy, launched in June 2025. The company has since accumulated more than 838,000 ETH and generated 3,815 ETH in staking rewards by late September, cementing its position as one of the world’s largest corporate ETH holders.
Robert Leshner, CEO of Superstate, called the initiative “a milestone worthy of such an important Ethereum-aligned company.” He adds: “We’re very pleased to be partnering with SharpLink as they build the ecosystem for tokenized equity on Ethereum and beyond.”
