Sharplink’s $200M ETH Migration to Linea Ignites Institutional DeFi Revolution

Digital asset firm Sharplink makes seismic $200 million Ethereum transfer to Linea network—institutional DeFi adoption hits hyperdrive.

The Great Migration

Sharplink executes one of 2025's largest institutional crypto movements, shifting a colossal $200 million ETH position to Ethereum's scaling solution Linea. This isn't just a transfer—it's a statement about where smart money flows when traditional finance yields disappoint.

Institutional-Grade DeFi Unleashed

The massive migration signals Wall Street's growing appetite for decentralized finance infrastructure. Linea's zero-knowledge technology provides the regulatory compliance rails institutions demand while maintaining crypto's core advantages—transparency, efficiency, and yield opportunities that make traditional savings accounts look like medieval banking.

Because nothing says 'confidence' like moving nine figures to a platform that didn't exist three years ago while traditional banks still struggle with basic online banking.

Microsoft keeps access to IP through 2032

The agreement gives Microsoft the right to use OpenAI’s models and technology, except for consumer hardware projects being developed with Jony Ive, until 2032.

This includes access to any models created after OpenAI claims to reach artificial general intelligence (AGI), but now such a claim must be verified by a third‑party panel of experts. Without independent verification, AGI does not count. Clean and simple.

Microsoft’s access to OpenAI’s research will end when AGI is confirmed, or in 2030, whichever comes first. When AGI is confirmed, the revenue‑sharing agreement between the two will also end.

So, the second AGI arrives and is officially recognized, the money rules flip. No long‑term royalties. No extra slices. Pull the cord. Done.

OpenAI is also now able to work with other companies, though it comes with conditions: API products must stay exclusive to Microsoft’s Azure cloud, while non‑API products can run on any cloud provider.

Meanwhile, Microsoft is now allowed to pursue AGI on its own, but if it does so using OpenAI‑related technology, it will face compute limits. In other words, “go build your own, but don’t backdoor‑accelerate yourself using ours.”

This deal also resolves Microsoft’s role as the main blocker to OpenAI’s shift into a normal for‑profit structure. With this resolved, OpenAI can now push ahead with bigger expansion plans, including its large‑scale Stargate Project, which will involve a network of huge data centers across the United States using Oracle cloud infrastructure. So the future isn’t tied to one cloud player anymore.

Both companies have benefited heavily from their relationship so far. OpenAI spent enormous amounts of capital on Microsoft Azure, and Microsoft provided billions in investment funding.

This alliance put them ahead of Amazon and Google in the AI race.

OpenAI was founded in 2015 to ensure any future AGI benefits humanity. But now, as it restructures into a commercial entity with giant capital plans, Sam Altman will not hold any equity stake in the newly formed for‑profit group.

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