SharpLink Gaming will tokenize its SEC-registered common stock by issuing tokenized shares natively on Ethereum via Superstate’s Opening Bell, enabling compliant, self-custody holding of equity while preserving legal book-entry equivalence and enabling integration with DeFi products.
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Tokenized equity on Ethereum enables self-custody of legally equivalent shares.
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Superstate acts as digital transfer agent using its Opening Bell platform to preserve regulatory compliance.
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SharpLink pivoted to an Ethereum treasury model after a $425 million funding round; move aligns with SEC Project Crypto initiatives.
tokenize shares on Ethereum — SharpLink will issue SEC-registered tokenized shares via Superstate’s Opening Bell on Ethereum. Read how to hold, trade, and comply today.
What does it mean to tokenize shares on Ethereum?
Tokenize shares on Ethereum means issuing blockchain-native tokens that represent legally recognized, SEC-registered common stock while maintaining book-entry legal equivalence. Tokenized shares can be held in self-custodied wallets and connected to digital financial products without altering the underlying securities rights.
How will SharpLink tokenize its shares with Superstate?
SharpLink Gaming will appoint Superstate as its digital transfer agent and use the Opening Bell platform to mint tokens on Ethereum that mirror its SEC-registered common stock. The tokens remain legally equivalent to traditional book-entry equity and can be transferred to self-custody wallets, enabling compliant DeFi interaction while preserving shareholder records.
Why is SharpLink’s move significant?
SharpLink’s tokenization signals a broader institutional effort to bridge public markets and blockchain infrastructure. The company says this move aligns with the SEC’s Project Crypto initiative and ongoing regulatory discussions about defined innovation exemptions for digital assets.
What changed in SharpLink’s business before tokenization?
SharpLink pivoted from gambling marketing to a crypto treasury earlier this year. The company completed a $425 million funding round in which Joseph Lubin, an Ethereum co-founder, joined as chairman. SharpLink now positions tokenization as a path to modernize equity custody and distribution.
How to hold and trade SharpLink’s tokenized shares (How-to)
Below are the basic steps shareholders should expect when receiving or trading tokenized shares on Ethereum.
- Register and verify: Complete required KYC/AML and securities-holder verification as requested by SharpLink and its transfer agent.
- Choose custody: Move tokens to a self-custody Ethereum wallet or institutional custody that supports security tokens.
- Transact compliantly: Use trading venues and DeFi products that accept tokenized securities and adhere to securities law restrictions.
- Maintain records: Ensure transfer agent records accurately reflect on-chain holdings versus company shareholder registers.
Frequently Asked Questions
Will tokenized shares change shareholder rights?
Tokenized shares are described as legally equivalent to existing book-entry equity, so shareholder rights and entitlements should remain unchanged. The token simply provides a blockchain-native representation for custody and transfer.
Does this make SharpLink the first public company to tokenize on Ethereum?
SharpLink claims to be the first publicly traded company to tokenize shares on Ethereum, though other publicly traded firms have pursued tokenization on different blockchains previously.
Key Takeaways
- Regulatory-first tokenization: SharpLink aims to maintain SEC compliance while issuing tokens on Ethereum.
- Self-custody enabled: Shareholders can hold legally equivalent shares in self-custodied Ethereum wallets.
- Infrastructure partner: Superstate’s Opening Bell will serve as the digital transfer agent, bridging on-chain tokens with legal shareholder records.
Conclusion
SharpLink’s decision to tokenize SEC-registered shares on Ethereum via Superstate’s Opening Bell represents a practical step toward merging traditional capital markets with blockchain-native infrastructure. The approach prioritizes legal equivalence and compliance while opening new options for self-custody and compliant DeFi integration. Watch for follow-up disclosures from SharpLink, Superstate, and regulatory bodies as implementation unfolds.
Published by COINOTAG — 2025-09-25. Updated 2025-09-25.
