SharpLink’s $SBET Becomes First DAT on Injective, Bringing $ETH Reserves to DeFi

  • SharpLink Gaming’s $SBET becomes the first Digital Asset Treasury (DAT) company on Injective.
  • Ethereum ($ETH) reserves are now live on-chain for DeFi integration through Injective’s infrastructure.
  • The initiative enables institutional assets to access lending, derivatives, and real-world asset (RWA) opportunities.

The first Digital Asset Treasury (DAT) business that used the technology offering on-chain access to institutional-sized Ethereum ($ETH) reserves is SharpLink Gaming and its $SBET token. The integration introduces the Injective blockchain infrastructure to a decentralized finance (DeFi) ecosystem and onboards corporate treasury assets.

Through this action, $SBET becomes the first treasury capital that uses the Onchain Digital Asset Trust on Injective. The platform has expanded to have the ability to provide lending, derivatives trading, and exposure to tokenized real-world items. Deployment is a huge step in expanding DeFi to utilize institutional capital via composable protocols.

Injective Brings DeFi Closer to Institutional Treasury

The new program allows the balance sheets of corporations to access the liquidity markets based on blockchains. Through the tokenization of the reserves of $ETH, Injective introduces businesses to the realm of financial tools that could only be exploited by users of native crypto. This shift promotes greater synergy between traditional finance and digital asset infrastructure.

The Onchain Digital Asset Trust assists in transforming idle treasury into actionable on-chain assets. These resources are now able to facilitate decentralized financial action with the former institutional security grade levels and compliance. The trend is indicative of growing interest in DeFi exposure among enterprises that do not want to abandon the regulatory sphere of traditional finance.

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