SharpLink Gaming Secures $200 Million in Funding to Boost Ethereum Reserves

According to BlockBeats, SharpLink Gaming has announced a successful $200 million funding round through a private placement. The shares were issued at a price of $19.50 each, with four global institutional investors leading the investment. The funds raised will be allocated to expanding the company's Ethereum (ETH) reserves. Once fully deployed, SharpLink Gaming's Ethereum assets are expected to exceed $2 billion.