Ethereum Foundation Sells 10,000 ETH to Fund Research

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Bitcoininfonews2025/09/03 05:55

By:Bitcoininfonews

What to Know:

Ethereum Foundation sells 10,000 ETH to SharpLink Gaming.
Funds support Ethereum’s R&D and grants.
SharpLink to stake ETH for network security.

Ethereum Foundation Sells 10,000 ETH to SharpLink Gaming for Ecosystem Growth

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming in an over-the-counter deal to fund research, development, and community grants, with the transaction completed in July 2025.

This sale highlights Ethereum’s growing institutional adoption, potentially impacting market dynamics, with SharpLink’s stake bolstering network security amid rising ETH demand.

Ethereum Foundation sold 10,000 ETH, approximately $25.7 million, to SharpLink Gaming as announced on July 11, 2025, to fund Ethereum ecosystem improvements.

Ether sale supports Ethereum’s stability and attracts institutional interest, with ETH price reactions signaling strong market demand.

Ethereum Foundation Sells 10,000 ETH in OTC Deal

The Ethereum Foundation confirmed selling 10,000 ETH amounting to $25.7 million in an OTC transaction with SharpLink Gaming. The funds will enhance Ethereum’s R&D, grants, and donations. SharpLink Gaming becomes the first publicly traded firm to use ETH as a treasury asset, planning to stake the assets. This enhances network security and impacts market liquidity.

SharpLink Integrates ETH as Treasury Asset

The sale proceeds are set to support Ethereum’s R&D over the next months. ETH’s inclusion as a treasury asset by SharpLink stimulates institutional participation and market confidence. SharpLink’s move to stake ETH lowers exchange supply and potentially increases network trust. There was a brief price rally above $3,000, reflecting strong institutional demand.

“At a time when Ethereum is entering a new era of institutional relevance, we are proud to support the network’s long-term strength and decentralization mission.” — Joseph Lubin, Chairman of SharpLink, Co-Founder of Ethereum, Founder and CEO of Consensys

Historical Sales and Market Impact

The Ethereum Foundation previously sold 100,000 ETH in 2020 during market peaks. Such actions tend to influence market sentiment and initiate liquidity evaluations. Given historical data, the latest sale might support long-term ETH price stability as institutions secure their stake, improving market trust and decentralization.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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